Who Will Follow Coinbase’s Path To Wall Street?

Who Will Follow Coinbase’s Path To Wall Street?

Is there any doubt now that crypto is going mainstream? Even my mom is tired of me saying "how's my Bitcoin?" (as I show her my Bitcoin wallet just to be that guy.) We are moving fast into a digital economy. Cryptocurrencies are the new stocks. I will undoubtedly buy Coinbase when it goes public. I just won't be a buyer of the country's premier cryptocurrency exchange on Wednesday, because I don't like to chase. I suspect it will rise by double digits. I want to see where it ends up trading after a month or two on the market before I think about it. "It is another step for cryptocurrencies being perceived as shifting further into the mainstream," says David Jones, chief market strategist for Capital. com, a commission-free crypto exchange. "If this continues, and there are no signs yet of that stopping, then exchanges for buying and selling should do well. It is by no means a perfect comparison of course, but listed shares of exchanges such as Nasdaq NDAQ and the London Stock Exchange have respectively done very well over the years." Coinbase filed its Form S-1 Registration Statement for its initial public offering in February after