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Coinbase direct listing could revalue the whole crypto space, blockchain ETF creator says – CNBC

Coinbase’s public debut is a big deal for investors, ETF managers and the crypto world at large, says Amplify ETFs CEO and founder Christian Magoon.

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The next chapter in the crypto craze is set to be a pivotal one.
Cryptocurrency exchange Coinbase is set to make its public market debut Wednesday at a valuation of between $50 billion and $100 billion, larger than major stock exchanges such as Nasdaq and Intercontinental Exchange, the parent company of the New York Stock Exchange.
The move could force investors and institutions alike to take a closer look at the entire digital asset space, Amplify ETFs founder and CEO Christian Magoon told CNBC’s…

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