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Coinbase Taps Nasdaq for Direct Listing: Report

The crypto exchange will reportedly join Nasdaq's tech-heavy lineup.

Updated Sep 14, 2021, 11:04 a.m. Published Feb 1, 2021, 8:09 p.m.
Nasdaq

Crypto firm Coinbase has tapped Nasdaq for its highly anticipated direct listing, according to The Block.

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  • Coinbase will become one of the few cryptocurrency exchange companies on tech-heavy Nasdaq when it lists, though the timeline is still unclear.
  • Existing Coinbase investors have already been trading shares through Nasdaq's Private Market platform, where the company has notched an implied valuation of $50 billion, according to The Block.

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Protocol Research: GoPlus Security

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What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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From Lockstep to Lag, Bitcoin Poised to Catch Up With Small Cap Highs

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The Federal Reserve begins Treasury bill purchases later Friday, starting with $8.2 billion as part of its reserve management program.

What to know:

  • The Russell 2000 index has pushed to new all time highs alongside strength across U.S. equities and metals, while bitcoin remains 27% below its peak, marking a rare divergence after years of moving in sync.
  • With small-cap stocks highly sensitive to falling interest rates and 2026 earning-per-share growth expectations near 49%, according to Goldman Sachs, improving macroeconomic conditions could realign bitcoin and crypto with small-cap strength.
  • The Federal Reserve starts Treasury bill purchases today with an initial $8.2 billion operation, the first step in a $40 billion reserve management program running until April.