NASDAQ announced that Coinbase shares are trading at $ 250 per unit
The reference base price for each share will already have a fixed value and will start trading as of today
The US-based securities trading platform NASDAQ has announced the base price of Coinbase shares at an estimated USD 250 per unit and will begin trading as of today April 14th.
This was indicated by NASDAQ in a report published yesterday where it revealed that the aforementioned price does not correspond to the offer value, and that at the moment no person or entity has bought the shares of Coinbase at that price.
In this sense, the public opening price will be determined according to the purchase and sale in the auction organized by the NASDAQ team.
Estimates do not match
The price established by NASDAQ for Coinbase shares has turned out to be 27 % lower than the last price on the private secondary markets, in which it was estimated at an average of USD 343 per share.
Despite this, analysts estimate a total valuation for Coinbase of $ 66.5 billion, provided the company issues a total of 266.2 million shares for commercial operations.
K. Villarroel
Source: diariobitcoin
