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

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