How Coinbase's corporate development team will help define the exchange's next chapter

Quick Take

  • Coinbase’s direct listing signifies a new chapter for the firm in which it will need to rely on its corporate development team to strategize how it will maintain and warrant its market share in a highly competitive market
  • Q1′ 21 was Coinbase’s most active investment quarter ever with 22 investments, eclipsing its previous high in Q4′ 18 
  • An increase in M&A activity by the firm should be expected to acquire talent and introduce new service lines. Potential verticals include: NFTs/Gaming, International Exchanges, Information Services, and Credit & Lending
Coinbase’s direct listing on Nasdaq signifies a landmark moment for the digital asset industry. Coinbase’s shares on the Nasdaq exchange began at an initial price of $381, which implies a market capitalization just shy of $100 billion at $99.5 billion for the US-based crypto exchange. The size of Coinbase’s direct listing alone has reset the […]

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