What would be estemated Coinbase value on the first trading day?
AFAIK, Coinbase (NASDAQ:COIN) going public through a direct listing instead
[1].
Direct listings are rare and mean that the company will sell million of shares directly to the public.
The number of accounts on the platform has increased and its value has doubled over the past months, and it is likely to increase because we are still in a bull season.
I expect to witness double current pre-IPO contract prices.
[1]
https://www.investors.com/news/technology/airbnb-direct-listing-plan-unicorn-companies/