After much expectation, Coinbase was listed on Nasdaq on Wednesday through a direct listing. Anthony Scaramucci, founder of Skybridge, believes the event should have attracted more attention from the banks.
Scaramucci told CNBC on Friday after pointing out Coinbase’s link to Bitcoin (BTC) in line with active growth and technical structure.
“Bill Gates rated Internet heresy. Then he realized what happened to the Netscape IPO and distributed a multi-billion dollar Internet strategy that led to [Internet Explorer, Microsoft’s browser] and customized and revitalized it. I’m surprised by commercial banks: “People like Jimmy Dimon do not pump money into a copy of Coinbase. ”
Michael Novogratz, CEO of Galaxy Digital, recently noted that Netscape’s debut is similar to a Coinbase list. He pointed to the public appearance of a digital asset company as an important moment in the adoption of cryptocurrency.
“I think this is an important event,” said Coinbase’s Scaramucci, who later indicated he owns a stake in Coinbase. “For the first two days, it was on both Facebook and Google,” he said, adding:
“People looked at the poor performance after the IPO, and looked at these stocks in the years to come.”
Coinbase shares rose to nearly $ 429 on trading day, but have since recovered and traded around $ 340 at the time of publication, according to TradingView. The crypto company is traded under the ticker COIN, but the FTX derivatives exchange also has a token version of the share.