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France 24
France 24
Business

Cryptocurrency exchange Coinbase launches shares on Wall Street

Coinbase is the biggest cryptocurrency company to launch on the stock market. © AFP

Shares in the cryptocurrency exchange Coinbase start trading on Wall Street this Wednesday, with the company expected to be valued at around $65 billion. Its value has more than tripled in three years, boosted by the trading frenzy around Bitcoin. It will be the largest company in this sector to have gone public to date. Also today, we look at French government efforts to encourage employers to hire their temporary staff for the summer tourist season, despite ongoing coronavirus restrictions which have kept many restaurants closed.

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