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Briefing
crypto

Coinbase Valued Above $100 Billion in Private Transaction

By
Shai Oster
· · Source: Axios

Secondary shares of the Andreessen Horowitz–backed cyrpto currency exchange Coinbase traded at a valuation of more than $100 billion, Axios reported. The sale of shares of the privately held company could offer a reference point for the company’s upcoming public offering via a direct listing which comes as cyrpto currency prices soar to stratospheric records, with bitcoin trading above $56,000...

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