You are currently viewing Crypto Crashed, Coinbase’s Stock Followed | What Went Wrong | WSJ

Crypto Crashed, Coinbase’s Stock Followed | What Went Wrong | WSJ


Coinbase went public with a highly anticipated listing in 2021, but as the crypto market crashed, the company’s share price dropped by more than 80%. Now it’s working to diversify its revenue.

WSJ’s Paul Vigna explains what went wrong.

Illustration: Jacob Reynolds

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