During a recent episode of CNBC’s Squawk Box, Chief Strategy Officer at CoinShares, Meltem Demirors, shared her vision regarding the valuation of Coinbase after its IPO.
She expects it to rise much higher than $90 billion by the end of the week since it is now already a whopping $147 billion on private markets.
This is bigger than the Goldman Sachs market capitalization of $113.79 billion.
The conversation was about the upcoming Coinbase direct listing on the Nasdaq, which will be the first event like this for this platform.