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IPFS News Link • Stock Market

Cryptos Reach New Record High Ahead Of Coinbase Listing

• by Tyler Durden

The exchange, which didn't exist a decade ago, is expected to go public this week at a staggering valuation of about $100 billion.

"Coinbase is one of the most prominent cryptocurrency exchanges in the world," Mira Christanto, an analyst who covers the company for Messari, said in a research report.

"The market has shown that investors are hungry for crypto exposure through equity markets."