One of the most popular cryptocurrency exchanges, Coinbase is all set to mark its debut on Wall street. The shares of the company will be listed on the NASDAQ on 14 April under the ticker name “COIN”. The company disclosed Tuesday afternoon that it will have approximately 261.3 million shares outstanding when it goes public. The 261.3 million figure includes all Class A and B shares, plus all outstanding stock options and restricted stock units.
The exchange generates its core revenue by charging a nominal fee on all the transactions made on the platform. This fee varies from region to region and from currency to currency. Coinbase is available for transacting in cryptocurrencies across 100 countries, including the United States of America, Canada, India, and others.