© Reuters. FILE PHOTO: FILE PHOTO: A representation of the virtual currency Bitcoin and US dollar bills in one dollar is shown in front of a stock graph in this illustration
(Reuters) – Coinbase Global Inc stocks should jump 36% above their reference price on Wednesday's cryptocurrency exchange debut. This is the latest sign of the surge in interest and trading in Bitcoin and other digital currencies.
At 10:12 a.m. ET, the company's stock was reported to open at $ 340, after a reference price of $ 250 per share.
At the quoted price, the digital asset exchange would be valued at around $ 89 billion.
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.
Fusion Media or any person involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.