Coinbase IPO off to a flying start

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 15818
        )

    [ppma_authors_name] => Array
        (
            [0] => Alex
        )

)

Last Update: September 21, 2022

2 mins read

Coinbase has had a great start to its initial public offering (IPO), which opened the crypto exchange's proprietary share, the COIN, at $381 on Wednesday.

The price was ahead of the $250 reference price that was originally posted by NASDAQ. The stock continued to climb and eventually peaked at $429.54.

It has been steadily trading at around $350 since then ($346 at the time of writing). Naturally, the initial price came with some volatility as pent-up demand had to adjust the actual offering a bit.

The success of Coinbase in listing publicly is considered an important moment for the entire cryptocurrency market. Effectively, the company is proving that crypto has a place on the stock market, a sentiment that has been growing given the streak of interest and investments by the likes of JPMorgan and Morgan Stanley in the sector.

Investors are increasingly looking to commit to the crypto space in a bid to not miss what is the best-performing asset of a decade. Coinbase's listing is surely going to be the first of many to come. Media companies, crypto banks and others could soon follow.

Will the day come when we see a crypto casino company listed as well? Atari is already developing crypto casino products and it's a major publicly traded company.

Yet, there are many other virtual casinos you can try and that may gain hegemony on the stock market, including Bitcasino, 1xBit and FortuneJack.

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

Written by Barney

Co-founder

Barney is co-founder of CryptoGamblingNews.com. When not at work he can usually be found behind a Nikon. He's won numerous international competitions for his photography and volunteers as a content creator for aid organisations in Africa.
Best Casinos to play with…
Bitcoin
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
5
PLAY NOW
1
PLAY NOW
2
PLAY NOW
3
PLAY NOW
4
PLAY NOW
7-DAY DAPP UPDATE: MetaWin's exit underscores volatility in the top ten
BetFury: where crypto entertainment meets lucrative staking rewards

Similar News

crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2717
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 3357
            [name] => gambling
            [slug] => gambling
            [term_group] => 0
            [term_taxonomy_id] => 3357
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 752
            [filter] => raw
        )

)

Hypeloot nears successful completion of $HLTP presale

25/04/2024|10:14

Online crypto casino Hypeloot is on the brink of achieving a significant milestone with its ongoing $HLTP presale round. Following...
crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2717
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 3357
            [name] => gambling
            [slug] => gambling
            [term_group] => 0
            [term_taxonomy_id] => 3357
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 752
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 187
            [name] => Poker
            [slug] => poker
            [term_group] => 0
            [term_taxonomy_id] => 187
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

)

CoinPoker introduces zero withdrawal fees

25/04/2024|09:50

Crypto betting app CoinPoker has made a significant announcement during its annual Crypto Series of Online Poker (CSOP) tournament. The...
crypto 
								Array
(
    [0] => WP_Term Object
        (
            [term_id] => 4513
            [name] => crypto
            [slug] => crypto
            [term_group] => 0
            [term_taxonomy_id] => 4513
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 2717
            [filter] => raw
        )

    [1] => WP_Term Object
        (
            [term_id] => 3357
            [name] => gambling
            [slug] => gambling
            [term_group] => 0
            [term_taxonomy_id] => 3357
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 752
            [filter] => raw
        )

    [2] => WP_Term Object
        (
            [term_id] => 8771
            [name] => presale
            [slug] => presale
            [term_group] => 0
            [term_taxonomy_id] => 8771
            [taxonomy] => post_tag
            [description] => 
            [parent] => 0
            [count] => 4
            [filter] => raw
        )

)

BlockBets launches $BBETS token presale

25/04/2024|09:23

BlockBets, a decentralized crypto casino platform, has recently unveiled its native cryptocurrency, $BBETS, through a public presale. With a diverse...