More crypto companies to come, says Soona Amhaz of Coinbase’s direct listing

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  • CNBC Television published this video item, entitled “More crypto companies to come, says Soona Amhaz of Coinbase’s direct listing” – below is their description.

    Soona Amhaz, Volt Capital general partner, joins ‘Closing Bell’ to discuss what Coinbase’s direct listing means for the cryptocurrency market.

    CNBC Television YouTube Channel

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    In This Story: Coinbase (Nasdaq: COIN)

    Coinbase, Inc. (Nasdaq: COIN) is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume. Coinbase IPO’d on the Nasdaq exchange on 14 April 2021, via a Direct Listing, they carry the stock ticker COIN.

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  • In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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