In the latest news of Coindesk, after the latest bloomberg report, the shares of coinbase are valued 100 Billion USD.
This makes armstrong among the top 500 richest people’s list with his net worth between 7 to 15 Billion USD.
Also his salary is determined as 60 Million for only 2020. This makes him agead of Apple CEO Tim cook who receives 14 Million a year.
Is this a good move by Coinbase to enter the share market?
I think yes. It is good to be in the real world rather then playing with virtual coins. This will also make people trust coinbase more. Lets see how it goes in future.