NASDAQ has identified a reference price of 250 dollars for direct inclusion of Queen Pass Global Inc, the largest bourse of the encrypted currency, which will begin trading on Wednesday via direct insertion.
According to Arab Net to start trading shares of companies resorting to the direct insertion mechanism, determining the reference price reference against the stock price in the initial public subscription, which is determined based on a growing system.
Cuinbase shares were trading approximately $ 90 billion in early March, while one of the recent opportunities for investors to trade their shares in the trading market before trading traded on the secondary market. Where the stock price was determined in the last special deal at $ 350 per share, according to Bloomberg, and was briefed in Arabic.Net.
The subtraction is scheduled to be the first major direct incorporation on the NASDAQ. Where all the previous clients on the New York Stock Exchange were, including Robplock, Silpivay, Slack, and Planting Technologies.
The Kenbase Stock Exchange was established in 2012 by its current Chief Executive Brian Armstrong, and his colleague Farid El Ahsam, at a time when he heard a few people from Petquin, where many encrypted currency exchange were managed by amateur from their garage and their homes.
Their growth is strongly because Coinbase's founders are based on strict organizational compliance in the United States markets, which helped them to proliferate a broad audience from the early investors and constraints.
