Coinbase IPO: Here's What You Need to Know

Squawk Pod
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Automatic TRANSCRIPT

Today's most important story obviously is coin. Based going public and direct listening potentially valuing the company at sixty five billion dollars or more as it becomes the first major crypto business to go public in the united states investors hailing it as a bit of watershed moment for crypto attracting investors encouraging institutions to play in the crypto space and some recent private trades have valued the company at almost one hundred billion dollars. Of course this morning on squawk box co founder and ceo. Brian armstrong talked about the company's connection to crypto. Here's what he said. We're also might follow an index to bat or eleven bet on the crypto space. More broadly. Because we're kind of selling picks shovels. We're helping people access and use this new technology. So i think we're gonna grow along with the crypto space but if we keep growing share then we'll sort of be an addition of of that on top of the price of crypto hopefully

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