The valuation is based on the price of the exchange’s private shares trading on secondary markets.
Higher valuation than the ICE
The private shares for the cryptocurrency exchange are trading at $303 per at the Nasdaq Private Market, according to information provided by two sources familiar with the matter.“The third weekly transaction closed on Friday and the clearing price was $303 a share,” revealed a source.
The source added that Coinbase’s share price has been rising over the past few weeks.
“The first week it was 200 bucks a share, the second week it was $301 a share, and the third week it was $303 a share. So you can kind of see price discovery happening.”
At this price per share, Coinbase is valued at $77 billion, which is bigger than that of the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE).
Trading at $113.86 per share, ICE has a market cap of $63.96 billion, Yahoo Finance data shows.
Coinbase shares are trading higher on FTX than on Nasdaq Private Market, with each share going for $392.
Per FTX's share price, Coinbase is valued at around $97 billion.
Coinbase’s anonymous order book
The exchange was not at liberty to comment on the price action of its shares.The Coinbase private market is running an anonymous order book as the exchange gears up for a public listing at an unknown date.
The sale offers former and current employees of the trading platform, as well as its investors, to cash out.
Coinbase has raised $547.3 million in funding from 59 investors that include Andreessen Horowitz, True Capital Management, Chainfund Capital, and more.
The exchange plans to sell around 254 million when it goes public.
Coinbase carries crypto community hopes
The hopes for the exchange’s listing are high within the crypto community, especially now when bitcoin’s price is soaring high.The source revealed that the trading of the exchange’s shares has seen large amounts of money changing hands.
“It’s not like a handful of shares being exchanged at $300 a share. Each week it’s tens of millions of dollars, a pretty sizable amount.”
The crypto industry is filled with optimism as institutional capital flows in the sector. The first bitcoin ETF was recently launched in Canada.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
