Sources: Coinbase was valued at $100 billion or more in a private share sale ahead of a direct listing, and documents reveal the company’s net earnings of $141 million on $691 million in revenue in the first nine months of 2020. Cryptocurrency trading Coinbase has been valued at just under $100 billion during a recent private market share auction ahead of its planned open listing.
Coinbase was valued at $0 billion in a private share sale prior to the direct listing, according to sources.Documents show $1 million in net earnings from $1 million in revenue for the first nine months of 2020.(Dan Primack/Axios)
sources 100b 141m 691mprimackaxios