Coinbase goes public

The Coinbase direct listing is finally here tomorrow. Reports say that it’s going to list at $250 per share or a $65b valuation. I can only imagine it’s going to open much higher than that once it hits most retail trading apps.

I’m really happy for all my friends at Coinbase. There’s a lot of people that worked their asses off to get the company to this point and it’s always great to see the employees benefit.

Coinbase going public is a major milestone for crypto. It further adds legitimacy and builds trust which is what is needed for a cryptocurrency to well… become a currency.

I’m going to follow the stock price closely but regardless of trading, I know there will be a a lot of happy employees tomorrow and I’m excited for them.