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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Coinbase is going public this week via a direct listing. Coinbase, no doubt, is one of the most high-profile public listings to hit the wall street…