Coinbase, the world's largest cryptocurrency exchange, will be listed on the Nasdaq Stock Exchange on April 14 with the stock code "coin" and operated by Wall Street investment banks such as Goldman Sachs, Citigroup and JPMorgan Chase. According to foreign media, the listing value of coinbase is expected to reach about $100 billion, equivalent to 100 unicorns.

Affected by the news and other factors, as of 17:50 Beijing time on April 13, the price of a bitcoin has reached around us $63000, another record high.

After the epidemic, the army of encrypted assets has the potential to challenge traditional finance. The market value of bitcoin broke the trillion dollar mark in February this year. According to the current market value of global listed companies, only apple, Microsoft, Amazon and Google broke the trillion dollar mark in February. The return on net assets (ROE) and return on total assets (ROA) of coinbase both catch up with and surpass the traditional exchanges in the second half of 2020.

(2021-4-13)