Lawyer: Coinbase's $ 8 billion qualification means no IPO required

2020-8-11 21:30
share to
Scan QR code with WeChat

Louis Lehot, attorney at California-based L2Counsel, said in a Bloomberg Policy article that Coinbase would not benefit much from the IPO. This is a product that is already worth around $ 8 billion and has many followers, and the IPO may not do much to get investors to take more interest in it and invest in it. enrich them.

Next:
BTC rebounds after falling below 11600USDT
According to Huobi Markets, BTC fell below 11,600 USDT, then fell for a short time before coming back. It is currently reported at 11,631.46 USDT, down 2.41% for the day.
2020-8-11 21:19