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OFFON

COINBASE GLOBAL, INC.

(COIN)
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Coinbase Global : Germany grants Coinbase licence for crypto custody services

06/28/2021 | 11:50am EDT

FRANKFURT, June 28 (Reuters) - Germany's financial market watchdog BaFin on Monday granted the cryptocurrency exchange Coinbase permission to provide crypto custody services and proprietary trading, the first licence it has issued for such business in Germany.

The licence allows Coinbase Germany GmbH to conduct proprietary trading of crypto assets, BaFin added.

Coinbase, which went public earlier this year, did not immediately respond to a request for comment. (Reporting by Tom Sims; Editing by Jan Harvey)


ę Reuters 2021
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Analyst Recommendations on COINBASE GLOBAL, INC.
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Financials (USD)
Sales 2021 6 921 M - -
Net income 2021 2 994 M - -
Net cash 2021 3 711 M - -
P/E ratio 2021 20,1x
Yield 2021 -
Capitalization 51 013 M 51 013 M -
EV / Sales 2021 6,83x
EV / Sales 2022 7,48x
Nbr of Employees 2 176
Free-Float 54,7%
Chart COINBASE GLOBAL, INC.
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Coinbase Global, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends COINBASE GLOBAL, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 241,85 $
Average target price 335,53 $
Spread / Average Target 38,7%
EPS Revisions
Managers and Directors
Brian Armstrong Chief Executive Officer & Director
Alesia J. Haas Chief Financial Officer
Fred Ehrsam Director
Frederick R. Wilson Director
Kathryn Haun Director
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