Messari values Coinbase at $28 billion following IPO filing

Cointelegraph

Published Dec 18, 2020 05:58AM ET

Updated Dec 19, 2020 08:00AM ET

Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28 billion.

Messari’s model examined the company’s various business segments, such as trading, custody and debit cards, to come to this figure.

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