Coinbase Is Going Public Wednesday: Is This IPO Stock a Buy?
Cryptocurrencies have been getting a lot of attention lately, and the public debut of Coinbase, a platform for trading in various digital currencies, is likely to ramp up that attention even more and potentially generate some volatility in the market.
Coinbase stock is scheduled to begin trading on the Nasdaq Exchange under the ticker symbol "COIN" on Wednesday. Here's what investors should know about this company with roughly 1,250 remote-first employees and a private market valuation of around $100 billion.
Coinbase's mission is to create an open financial system for the world. This goal is based on the belief that the traditional fiat-based financial system -- the way we currently spend, save, and invest money -- is inefficient. Instead, Coinbase sees a better solution: the cryptoeconomy.
Source Fool.com
