Coinbase is gonna big a big IPO, billions. What if crypto is as big as banks?

Coinbase is gonna big a big IPO, billions. What if crypto is as big as banks?

By georgia86 | DeFi Off-Ethereum Guides | 18 Dec 2020


  • Coinbase has filed for an IPO, finally, with the US SEC

  • Coinbase sees huge volume and will likely grow in the future

  • Though they may not have huge revenues now, there is so much for the space to grow

 

Coinbase has filed for an IPO which Messari valued at $28 billion dollars. According to those researchers by looking at other  valuations and the market position Coinbase is really gonna be big.

 

Let us just imagine for a second if banks, such as the largest in the US, JP Morgan, had the same amount of business as crypto. JP Morgan is about $360 billion. But Coinbase will be the first and at the time only publically traded crypto exchange. So even if it just remained the biggest, the potential is up there to become a huge corporation.

Maybe these guys plan on getting bought or merging with a bank. I dunno.

This is hugely bullish in my opinon. Just wow.

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