New Crypto Companies May be Added to The Stock Market

By curation-man | Curation-Man | 15 Apr 2021


Today, CoinBase is the primary American crypto organization with its place on "Wall Street", through a direct post registered on Nasdaq trading as "COIN".

Coinbase share cost to initiate the exchange is set to a reference cost of $ 250.

The achievement comes as the digital money industry appreciates a noteworthy bullish move that has seen absolute market estimates for bitcoin and other digital currencies exceed $ 2 trillion in the past few weeks.

Despite the fact that CoinBase might be the primary organization offering cryptocurrency exchanges to be handed over to the public at large, it is likely not the last.

There are other prominent new companies in the field of digital currencies are now studying this opportunity, or they publish their offers freely, here is a part of these names:

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Kraken:

Kraken is another cryptocurrency organization located in the USA. The organization is among the organizations prone to entering the stock trade soon, and the next digital money trading phase could be to reach public business sectors.

The organization is supposed to focus on a $ 20 billion valuation.

Kraken CEO Jesse Powell revealed to CNBC a week ago:

We expect it to be sent to the public sometime in a year from now.

Immediate deployment is assumed, similar to a "sovereign piece".

Like Coinbase, too, Kraken was happy with record volumes for the main quarter of this year, and new recruits quadrupled since the second half of 2020, according to CNBC.

"Powell" showed that the organization is not in a hurry to open up to the world, and that it expects initially to evaluate the "Coinbase" offer.

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ETORO:

The business app "eToro" reported in March that it was due to open up to the world through a $ 10 billion merger with a cause-specific buying company, sponsored by SoftBank and Banking Visionary Betsy Cohen.

Current eToro investors are required to assume approximately 90% of corporate liability after consolidation, which is approved for completion in the second quarter of the last quarter of 2021.

EToro was one of the previously directed companies in Europe to introduce Bitcoin in 2013.

It obtained a US Agent Seller Permit from FINRA in 2020, which allowed it to extend its additional free contribution to clients there.

The organization regularly contradicts its "Robinhood" stock buying app, which also offers cryptocurrency administrations, which also announced its goal of opening up to the world in March.

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curation-man

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Curation-Man

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