Shares of Coinbase Global Inc were set to jump 36 percent above their reference price in the cryptocurrency exchange's market debut on Wednesday, the latest sign of the surge in interest and trading in bitcoin and other digital currencies.
At 10:12 a.m. ET, the company's stock was indicated to open at $340, up from a reference price of $250 per share.
At the indicated price, the digital asset exchange would be valued at around $89 billion.
-reuters-
