Cryptocurrency startup ‘Coinbase’ valued at $86 billion in Nasdaq debut
The company’s valuation went as high as $112 billion at its stock market debut
San Francisco-based Coinbase claims to have a user base of 56 million
The company is looking to set up a base in India
Coinbase accounts for 11.3% of the crypto-asset market share
The surging demand for cryptocurrency put Coinbase at a $6 billion valuation