Coinbase investors register 114.9M shares for direct listing
March 18, 2021
Cryptocurrency exchange Coinbase plans to offer 114.9 million shares in its upcoming direct listing, according to a regulatory filing. So far this year, the company's shares have traded at a weighted-average price of $343.58. At that price, the company would be worth $67.6 billion based on the number of shares outstanding. Coinbase was valued at $8 billion in 2018, according to PitchBook data.