Historical experience shows that it might take until after noon ET for market makers to work out the price of the initial trade in a direct stock listing.
Coinbase's listing on Nasdaq sends a powerful signal of legitimacy to the U.S. crypto community, as well as to the crypto-curious in the traditional financial sector.
The investment firm said Coinbase could deliver “healthy margins” despite bitcoin's volatility.
The crypto exchange's S-1 Form is now live, revealing key details before Coinbase stock hits the market.
The SEC could use its approval power over stock market listings to dictate which tokens crypto exchanges like Coinbase can list as they seek to go public.