Coinbase Gets Reference Stock Price of $250 from Nasdaq

Share Article
In Brief
  • COIN’s reference stock price will be around $250 and listed on April 14.

  • Coinbase was last valued at $90 billion.

  • Staff members who have received share options will see a big boost in net worth.

  • promo

    Stake your points and qualify for the 200,000 USDT prize pool. Start staking now!

The Trust Project is an international consortium of news organizations building standards of transparency.

Nasdaq has given Coinbase’s stock, COIN, a reference price of $250. The stock will officially be listed today, April 14.



Nasdaq has given Coinbase a reference stock price of $250, according to new information on the San Francisco-based exchange’s listing. Nasdaq listed the stock on April 14, after weeks of high anticipation.

Coinbase stock hits the market

Coinbase’s direct listing has raised much excitement in both the traditional and crypto investor communities. The listing was rumored for a long time and drove much of the headlines in the past few months. The event will likely mark the start of several crypto companies looking to go public, seizing the momentum of public interest.

The reference price was given as a result of regulation, which determines price when there has not been sustained trading in a private market. The exchange has been given a valuation of $90 billion, based on prior private sales.

Coinbase will become the first company that allows Bitcoin trading to become available on the stock market. Investors consider this a watershed moment for the market. The explosion in popularity due to non-fungible tokens (NFT) and general investments will only further Coinbase’s interests.

Founded in 2012, Coinbase is one of the earliest exchanges to hit the market. A recent SEC filing shows that the exchange has more than 43 million users. In Q1 2021, the exchange generated revenue of more than double that of the whole of 2020.

Staff members are also about to receive a bonus via shares, as the Irish office granted its team 105,510 in share options. The options are likely to skyrocket, with that total amount being equivalent to approximately $45 million. They will be doled out to employees over the years, based on performance metrics.

Coinbase listing will set the tone for the year

Coinbase is by far the biggest name in the crypto industry to consider going public. But several other entities, including the Gemini exchange and eToro, are also looking to do the same. With Bitcoin reaching new all-time highs, and the public even more aware of the asset class, the move could be a sound business decision.

The performance of COIN will also influence companies in this matter. The public, too, is eager to see what a major crypto company can do among investors in traditional markets. Analysts believe that it could double its price this year, with one setting a price target of $440.


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Share Article

Rahul's cryptocurrency journey first began in 2014. With a postgraduate degree in finance, he was among the few that first recognized the sheer untapped potential of decentralized technologies. Since then, he has guided a number of startups to navigate the complex digital marketing and media outreach landscapes. His work has even influenced distinguished cryptocurrency exchanges and DeFi platforms worth millions of dollars.

Follow Author

Limited offer! Learn to mine and trade crypto today for free


Earn up to $10,000 USD every week in CoinFLEX AMM+ Arena!

Earn Now

Be our Supreme Scorer and qualify for a grand prize pool of 200,000 USDT!