secondary

Coinbase to offer secondary market for private shares ahead of public stock listing

Coinbase to offer secondary market for private shares ahead of public stock listing

Coinbase — the largest cryptocurrency exchange in the U.S. — alerted shareholders that the firm would launch a secondary market for its private stock on Nasdaq Private Market.  The move comes ahead of the firm’s much-anticipated public market debut. Coinbase, which filed a confidential S-1 in mid-December, said that it would provide further details to …

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Balancer breaks $100m AUM as BAL begins trading on secondary markets

Balancer breaks $100m AUM as BAL begins trading on secondary markets

Quick Take Balancer, an n-dimensional automated market maker, has surpassed $100m in AUM Key performance indicators are up across the board as protocol token, BAL, trades at $1.4bn fully diluted market capitalization  Despite dramatic growth in liquidity inflows trade volumes remain relatively muted, raising questions around long-term capital efficiency This research piece is available to …

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