The cryptocurrency trading platform in which BBVA participates in turn causes a new bitcoin record

Coinbase has soared more than 50% in its premiere on the Nasdaq of the New York Stock Exchange. The expectations generated by this trading platform criptomonedas in which participates BBVA since 2015 have boosted turn to the bitcoin up new records to reaching 64,000 dollars (about 53,000 euros).

The platform has been valued at nearly $ 100 billion (€ 84 billion). In the early stages of the session it has climbed to $ 381, which is 52.4% more than the reference price of $ 250. The titles have climbed above the level of 400 dollars, with an increase that has reached more than 70%. In any case, the increase is limited to 10.9% when compared to the 343.58 dollars it reached during the first quarter of this year, when it was only negotiated privately.

The jump to Coinbase’s electronic parquet has been made through the direct listing mechanism, less expensive than traditional public offerings for sale (IPO), since it is characterized by the sale of existing shares held by shareholders instead of issuance of new titles. In this way, companies can list without increasing capital and without having the services of a bank that acts as an intermediary or subscriber of the operation.

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