Crypto Report: Coinbase’s $51 Billion Nosedive

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Bloomberg Technology published this video item, entitled “Crypto Report: Coinbase’s $51 Billion Nosedive” – below is their description.

XBTO Director of Marketing Rebekah Keida joins Emily Chang to talk about how Coinbase went from one of the stock market’s most hotly anticipated debuts to one of its most spectacular crashes in a little more than a year, and what that means for the future of the crypto ecosystem.

Bloomberg Technology YouTube Channel

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About This Source - Bloomberg Technology

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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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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