Coinbase Global : Options on Coinbase Global to start trading on April 20, Nasdaq says
April 19, 2021 at 05:20 pm EDT
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NEW YORK (Reuters) - Options on Coinbase Global Inc are set to start trading on Nasdaq options exchanges from Tuesday, less than a week after the cryptocurrency exchange went public, a representative for the exchange said on Monday.
The launch of the equity options on the stock will offer a new way for investors to bet on the fortunes of Coinbase, which recently went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.
(Reporting by Saqib Iqbal Ahmed; Editing by Chris Reese)
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides platform, which enables its users to engage in a variety of activities, including discovering, trading, staking, storing, spending, earning and using their crypto assets. The Company offers a suite of products and services that are designed to meet the distinct needs of its three customer groups: consumers, which includes individual retail user customers seeking to discover or trade crypto assets and engage in on chain activities; institutions, which are businesses that include market makers, asset managers, hedge funds, banks, wealth platforms, registered investment advisors, payment platforms, and public and private corporations; developers, which comprise of developers, creators, merchants, crypto asset issuers, organizations and financial institutions, and other groups building decentralized protocols, applications, products, or other services on chain.
COINBASE GLOBAL, INC. 
