Coinbase valued at $100B+ in secondary share sale

Coinbase has been valued at over $100 billion in a recent secondary share sale, Axios reported. Last month, the cryptocurrency exchange operator reportedly launched the secondary sale for up to 1.8 million shares via Nasdaq Private Markets. The latest 127,000 share sale on Friday valued the company at $100.23 billion, the report said. Coinbase was valued at $8 billion in its last private round of financing in 2018, according to PitchBook data. It also recently announced it was pursuing a direct listing.

View details

News & Analysis

Related content