May 07, 2021 BY Steffy Bogdanova

The "Coinbase Effect": How the exchange’s IPO success is changing the crypto world

Pro crypto analysts describe Coinbase’s listing as a turning point, while others say that that it is only because crypto has now become more widespread. Some even caution that implied valuation for the company as a crypto exchange has become too high compared to traditional stock exchanges such as Nasdaq Inc. Lisa Ellis, an analyst…

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