Coinbase Tops Direct Listing Price as Bitcoin Hits Record
- Crypto exchange has rallied over 300% in the last 12 months
- Gains also driven by SEC approval of spot Bitcoin ETFs
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Coinbase Global Inc. has finally climbed back above its direct listing price Friday for the first time in more than two years.
The company’s stock rose 5.8% Friday to close at $256.62 a share, its highest since December 2021.