According To Oppenheimer, Coinbase’s Ventures Portfolio Might Well Be Valued $6.6 Billion

BTC whales withdrew nearly $1.1 billion worth of the cryptocurrency from the exchange earlier this month in three transactions, implying long-term stockpiling. According to Oppenheimer, the Nasdaq-listed exchange invested in over 250 companies in the fourth quarter of last year, with a carrying value of $352 million at cost basis. COIN shares are rated outperform […]

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Source: https://www.thecoinrepublic.com/2022/03/22/according-to-oppenheimer-coinbases-ventures-portfolio-might-well-be-valued-6-6-billion/