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Coinbase IPO Going Public

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Fortune - Mega cryptocurrency exchange Coinbase has just launched one of the most highly-anticipated public offerings of 2021 thus far. The crypto marketplace effectively began trading today via a less-common process: the direct listing. And with the confluence of a roaring stock market, a crypto market that's hitting all-time highs, and Coinbase's healthy balance sheet itself, "this is a great time to become public," argued Reena Aggarwal, professor of finance and director of the Georgetown Center for Financial Markets and Policy.

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