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Coinbase raises more than half a trillion reais with IPO on Nasdaq

Coinbase

Coinbase on Nasdaq. //Reproduction

Coinbase, the cryptocurrency broker, arrived noisily at Nasdaq raising about 100 billion dollars or the equivalent of more than half a trillion reis. Nasdaq gave the reference price per share of $250 a day earlier, which would put the company to be worth $65 billion. But the share price reached $381, according to the CNBC website. In the wake of Coinbase's offer, the bitcoin soared, close to the price of 65,000 dollars, with the optimism of investors for the popularization of cryptocurrencies. One of Coinbase's founders, Brian Armstrong, often says he has one goal: to make bitcoin as easy and accessible as email. The broker has 56 million verified users in 100 countries. It has handled more than 335 billion dollars and has more than 220 billion dollars in assets.
The risks of Coinbase shares, of course, are proportional to those of bitcoin. At cryptocurrencies are notorious for their volatility. Bitcoin, which reached close to $65,000, dropped to close to $63,000 during the day. Some believe bitcoin is just a bubble or a financial pyramid. There is still the risk of global regulators  putting more and more limits and regulation on these currencies every day. But none of this took the shine off the IPO, showing that bitcoin is more popular than ever.
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