Share this article
Coinbase's Trading Indication on the Rise, Now at $380: Reuters
The number is 40% higher than the reference price Nasdaq released Tuesday.
Updated May 9, 2023, 3:18 a.m. Published Apr 14, 2021, 2:55 p.m.
Coinbase (Nasdaq: COIN) shares are currently indicated to trade at $380 per share, according to Reuters.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The indication, which is far from definite as it only reflects the progress made between buyers and sellers as they work to assign a price, is 52% higher than the $250 reference price per share that Nasdaq and Goldman Sachs released yesterday afternoon.
- It's only about 10% higher, however, than what the crypto exchange last traded at in the private secondary market, $343.58 per share.
- As the first indication was at $345 and has steadily increased, it's a sign the price could go even higher before trading begins.
- Different media are reporting various market values for Coinbase. At $380 per share, using the number of shares currently outstanding, 199.2 million, Coinbase would have a valuation of $76.0 billion, just bigger than Duke Energy.
- However, if one used the number of shares if all options were exercised, 261.3 million, the value of the exchange would balloon to $99.3 billion. By that measure, Coinbase would be bigger than CVS Health and that much closer to the headline-grabbing figure of $100 billion.
UPDATE (April 14, 15:05 UTC): Adds price in the secondary private market.
UPDATE (April 14, 15:50 UTC): Adds explanation for different market values.
UPDATE (April 14, 16:11 UTC): Updates with new indication.
UPDATE (April 14, 16:34 UTC): Updates with new indication.
UPDATE (April 14, 17:04 UTC): Updates with new indication.
Read more: Coinbase’s Reference Share Price for Trading to Commence Is $250
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
JPMorgan Pushes Deeper Into Tokenization With Galaxy's Debt Issuance on Solana
Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.
Lo que debes saber:
- J.P. Morgan arranged Galaxy Digital’s commercial paper issuance on the Solana blockchain, one of the first of its kind in the U.S.
- Coinbase and Franklin Templeton bought the short-term debt instrument, settled in USDC
- Tokenization of real-world assets is gaining traction, with projections suggesting the market could reach $18.9 trillion by 2033.
Top Stories
