Author: Ravi Kumar

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

Coinbase’s groundbreaking debut on Nasdaq underscores a pivotal moment for cryptocurrency, as it closes at $328.28 per share, valuing the exchange at $85.8 billion. This move signals mainstream acceptance of digital assets and sends a clear message to governments worldwide to adopt frameworks for crypto regulation. The “Coinbase effect” is anticipated to boost the entire digital asset market.

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