1/ #Coinbase $COIN- The Big Cryptocurrency Revolution,
The world watches as the largest #cryptocurrency exchange is now set to go public on NASDAQ through #directlisting. With 56M users, the platform is bigger than its traditional counterparts (#Robinhood, #Venmo , etc).
2/ Opening New Doors for Investors
The day will be marked as a historical event in the books of #WallStreet as it bridges the gap between legacy investors and the #cryptomarket.
The quarterly results have already shown a surge of 847% i.e. $1.8B revenue
3/ Why is now the right time to go public?
This move takes advantage of the current market conditions.
The last two quarters have seen investments of $7B in #Bitcoin. Major companies like $TSLA and @elonmusk have also shown keen interest in Bitcoin & Crypto
4/ A Super Bull Market for Crypto! #Bitcoin, #Ethereum price surge to record high ahead of #coinbase direct listing! Company valuation is expected to be around $65B with a reference price of $250/share
5/ What makes #Coinbase Special?
Coinbase’s mission is to “create an open financial system to the world." This comes at a time when the markets are witnessing a major Financial bubble and are in desperate need of restructuring the global financial system.
6/ The story doesn’t end here
Exchange valuations are definitely going to show a rise which will, in turn, affect other players in the sector. #Coinbase is one chapter but the crypto story has just begun.
7/ Indian Govts next move?
The listing further enforces the fact that crypto is here to stay and will see further demand from retail institutions. The #Indian#government may have to now rethink its apprehensions on #cryptocurrency. @balajis Thoughts?
8/ Indian Equivalent of #Coinbase
Even though there is a lack of clarity from the govt, this has not stopped players from opening the gateways of cryptocurrency for Indians. Platforms like #Wazirx, #Zebpay,#CoinDCX are popular among Indian audiences and steadily gaining traction
9/ Be a part of the Frenzy!
Indian Investors don’t have to miss out on this historic event. You too can be a part of the celebration! #Coinbase $COIN will be available soon on #Stockal.
Create your account and start investing today! @getstockal
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