Coinbase nabs a top 10 slot in Apple's US App Store for the first time since January

Startups • April 15, 2021, 6:04PM EDT
UPDATED: June 4, 2021, 12:57PM EDT
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Coinbase became the ninth most downloaded app on the Apple App Store for the United States as of Thursday.

Coinbase’s app broke into the top 10 list one day after the company went public on Nasdaq via a direct listing. The crypto exchange closed Thursday's trading session at a share price of $322.75 after opening at $348.90, according to market data.

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The app for the crypto exchange hasn’t been among the top 10 apps since January 29, when stock-trading app Robinhood was number one. Now, Robinhood is the thirteenth most popular free app on the chart, and crypto-friendly payment service Cash App fell from sixth in January to tenth place on Thursday. 

 

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MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.