I found this nice infochart about IPO visualizations, and I was surprised to see that Coinbase was the largest IPO in 2021.
With a 86 billion dollars valuation, it was the largest of the year of 2021.
Let's see what is waiting us in the future. I was really impressed with the size of this IPO and I didn't expect a so much successful one by coinbase.
Will Binance do one some day? They are are now complying to all regulations, and just began enforcing mandatory KYC on all users amid mounting regulatory pressure
They are probably looking to comply to do something bigger.
With a 86 billion dollars valuation, it was the largest of the year of 2021.
Let's see what is waiting us in the future. I was really impressed with the size of this IPO and I didn't expect a so much successful one by coinbase.
Will Binance do one some day? They are are now complying to all regulations, and just began enforcing mandatory KYC on all users amid mounting regulatory pressure
They are probably looking to comply to do something bigger.
That's definitely a very interesting and well visualized graphic to represent all the IPO's so far this year. To anyone looking at the statistics, Coinbase was a real money making machine when it launched this year - the fees that they are able to charge bring in huge profits and their first mover (biggest surviving exchange so far) size advantage helps them to dominate the market. Binance must also be raking in the profits with their extortionate withdrawal fees and the amount that they're able to raise from trading - unlike the fairly standard buy/sell functionality of Coinbase. You really have to question if we're in some kind of bubble when you see results like that and it's worth considering that the price has dropped around 25% since launch.
