COINBASE $100 BILLION IPO | Cryptocurrency Becomes Official On The Nasdaq Stock Market Exchange

Coinbase one of the leading and most mainstream platforms to trade cryptocurrency has officially became public and have attempted launch at an evaluation of $100 Billion in its official public offering on Nasdaq.

Coinbase went public today and this mean a whole lot for cryptocurrency as it was the first of its kind Crypto company to go public in the US Stock Markets allowing them to properly raise on an evaluation of over $80 billion dollars making them the biggest IPO launch ever.

Coinbase is huge, and this is huge for the Crypto community. This really bring the legitimacy to the crypto world and the IPO will take Crypto even further.

Skirting the traditional IPO process, Coinbase listed its stock directly, allowing employees and existing shareholders to sell shares immediately at a market-based price. In pursuing a direct listing, Coinbase followed tech companies like Spotify, Slack, Palantir and Roblox, which helped standardize the process.

Most transactions on Coinbase involve the purchase of bitcoin or ethereum, which have been on a historic tear, climbing more than 800% and 1,300%, respectively, in the past year. The company has said that its short-term performance will largely be determined by crypto prices.

Excluding options and restricted stock units, Coinbase closed the day with a market cap of about $62 billion.

In this video, I discuss the reality of Coinbase going public, what it means for crypto, and what it means for investing in general.

COMMENT BELOW AND SHARE YOUR EXPERIENCES - ALL OPINIONS WELCOMED!
---------------------------
Check out my other videos:
DogeCoin Mistake: https://youtu.be/DSkOv6evILM

Do I Regret My $50K DogeCoin Investment?: https://youtu.be/E78XxdcxcrM
Cardano My Thoughts On Investment: https://youtu.be/zls84c3FGEM
Crypto vs Banking: https://youtu.be/NMyNQyvTMOc
My $50,000 DogeCoin Investment: https://youtu.be/NHaiYm-Do-8
Do I Regret My $10k DogeCoin Investment?: https://youtu.be/viC3J_GPH5s
Bought $10,000 Dollars Worth Of DogeCoin: https://youtu.be/Fgq5LNadRm4
Bought $5,000 Dollars Worth Of Ethereum: https://youtu.be/eGmbD9JgGr0
The Top 10 Rules Of Money: https://www.youtube.com/watch?v=3QH3J0Mws28&t=206s
Money and Relationships: https://www.youtube.com/watch?v=gcgPvbXf2AI&t=448s
Saving Money Is Losing Money: https://www.youtube.com/watch?v=1HyoQN1vnVA
---------------------------
Links To Products Used For Filming This Video:
Shot with DJI Osmo Pocket Camera: https://www.idealvisibility.com/go/dji-osmo-pocket/
DJI Osmo Pocket Extension: https://amzn.to/2BD0jhb
Rode Video Mic Pro +: https://www.idealvisibility.com/go/rode-videomic-pro-compact/
---------------------------

*Disclaimer: Some of the links and other products that appear in this video are from companies from which Ideal Visibility, Inc. will earn an affiliate commission or referral bonus. Ideal Visibility, Inc. is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. The message in this video is to be taken for entertainment purposes ONLY. If you need advice, please contact qualified, certified, and licensed professionals including but not limited to: Certified Public Accountants, attorneys, insurance agents, real estate agents, financial advisors, contractors, or appropriate licensed professionals for the subject you would like help with. These videos are strictly for entertainment purposes. Neither Simon Katz nor Ideal Visibility, Inc. are qualified or licensed in any profession and the content should NOT be taken as advice on investments, personal or business choices, or decisions. This video is made for strictly entertainment purposes.

*** Neither Simon Katz or Ideal Visibility Inc will ever ask you to contact Simon Katz for any investment advice or to manage any of your accounts via comments, text, email, Instagram, or any other method. Please be aware of scams and imposters posing as my account offering you advice. Please report those comments as SPAM. We try to remove them all the time. DO NOT SHARE ANY ACCOUNT INFORMATION WITH ANYONE. IT'S A SCAM.

#coinbase #coinbaseipo #cryptocurrency