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Coinbase opens trading at $102 billion valuation

Apr. 14, 2021 05:36PM EST
Dan Ackermann

Cryptocurrency exchange Coinbase opened trading on Wednesday at $381 per share, giving it a fully diluted market value of around $102 billion.

Why it matters: This is a slight premium to the most recent private trades for Coinbase stock, and more than 50% higher than the reference price set last night by the Nasdaq.

The big picture: Coinbase's public listing has been among the most anticipated in recent years, with expectations it will garner a massive market cap.

Go deeper: Cryptocurrency giant Coinbase heads to Wall Street

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TSA extends transportation mask mandate through Jan. 18

People will have to wear masks on airplanes, trains, buses and at airports through Jan. 18, the Transportation Security Administration (TSA) told various media outlets in a statement Tuesday.

Why it matters: The mandate was set to expire on Sept. 13, but the highly contagious Delta variant has forced the federal government to change course on mask mandates.

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