The company provided great returns to its investors when it hit a new all-time high (ATH) level in November 2021, with prices soaring to $342.98. Stock NameĬoinbase, a digital currency exchange platform, has shown impressive growth in the market since its initial public offering (IPO) in 2021.
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It allows users to buy, sell, and store various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.Ĭoinbase also offers a range of other services, including a digital wallet, a trading platform for professional investors, and a system for merchants to accept cryptocurrency as payment.Ĭoinbase went public in April 2021 through a direct listing on the Nasdaq stock exchange, which allowed investors to buy and sell Coinbase stock just like they would any other publicly traded company.
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