As many of you may know, today Coinbase ICO will hit the traditional markets. There has been a lot of hype around it, and the price of the stock has been set to $250 as the company has announced a present in the form of 100 stocks for every employee.
But while interesting, the real news is what Binance just announced. They will list the synthetic token representing Coinbase stock in their crypto market right away!
This is a clear consequence of the speed at the crypto market is moving compared to the traditional one. It has taken Coinbase months to launch their ICO, while Binance will list the corresponding token right away.
I am willing to see the volume between both markets, but I bet you the one in Binance will end up beating the one in the NASDAQ, it is just a matter of time.
You can read about it in The Block.
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