Finance & economics | Squaring the coin

Coinbase goes public with a pop

But the success of the cryptoexchange is not guaranteed

|SAN FRANCISCO

FOR CRYPTOCURRENCY purists the much-awaited listing of Coinbase, a cryptocurrency exchange, on April 14th must have been a disappointment. It started trading on a boring, conventional stock exchange, and not—as might befit one of the world’s biggest crypto firms—on a buzzy blockchain, as the technology that powers the likes of bitcoin is called.

This article appeared in the Finance & economics section of the print edition under the headline “Squaring the coin”

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