Cryptocurrency exchange Coinbase Global Inc. shares sold for RM370.84bil value last week, ahead of its public listing. — REUTERS
Coinbase Global Inc. shares changed hands at a roughly US$90bil (RM370.84bil) value last week, in what could be the final chance for investors to trade its private stock before the cryptocurrency exchange goes public, according to people familiar with the matter.
That valuation is based on US$350 (RM1,442) a share, the price the stock was trading at on the Nasdaq Private Market auction that ended last Thursday, the people said, asking not to be identified because the information was private.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
