Title: Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion URL Source: https://www.cnbc.com/2021/04/14/coinbase-to-debut-on-nasdaq-in-direct-listing.html Published Time: 2021-04-14T14:33:24+0000 Markdown Content: [Skip Navigation](https://www.cnbc.com/2021/04/14/coinbase-to-debut-on-nasdaq-in-direct-listing.html#MainContent) [![Image 4: CNBC logo](https://static-redesign.cnbcfm.com/dist/d6085c9e81f4d7365c8d.svg)](https://www.cnbc.com/) Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email [Markets](https://www.cnbc.com/markets/) * [Pre-Markets](https://www.cnbc.com/pre-markets/) * [U.S. Markets](https://www.cnbc.com/us-markets/) * [Currencies](https://www.cnbc.com/currencies/) * [Prediction Markets](https://www.cnbc.com/prediction-markets/) * [Cryptocurrency](https://www.cnbc.com/cryptocurrency/) * [Futures & Commodities](https://www.cnbc.com/futures-and-commodities/) * [Bonds](https://www.cnbc.com/bonds/) * [Funds & ETFs](https://www.cnbc.com/funds-and-etfs/) [Business](https://www.cnbc.com/business/) * [Economy](https://www.cnbc.com/economy/) * [Finance](https://www.cnbc.com/finance/) * [Health & Science](https://www.cnbc.com/health-and-science/) * [Media](https://www.cnbc.com/media/) * [Real Estate](https://www.cnbc.com/real-estate/) * [Energy](https://www.cnbc.com/energy/) * [Climate](https://www.cnbc.com/climate/) * [Transportation](https://www.cnbc.com/transportation/) * [Investigations](https://www.cnbc.com/cnbc-investigations/) * [Industrials](https://www.cnbc.com/industrials/) * [Retail](https://www.cnbc.com/retail/) * [Wealth](https://www.cnbc.com/wealth/) * [Sports](https://www.cnbc.com/sports/) * [Life](https://www.cnbc.com/life/) * [Small Business](https://www.cnbc.com/small-business/) [Investing](https://www.cnbc.com/investing/) * [Personal Finance](https://www.cnbc.com/personal-finance/) * [Fintech](https://www.cnbc.com/fintech/) * [Financial Advisors](https://www.cnbc.com/financial-advisors/) * [Options Action](https://www.cnbc.com/options-action/) * [ETF Street](https://www.cnbc.com/etf-street/) * [Buffett Archive](https://buffett.cnbc.com/) * [Earnings](https://www.cnbc.com/earnings/) * [Trader Talk](https://www.cnbc.com/trader-talk/) [Tech](https://www.cnbc.com/technology/) * [Cybersecurity](https://www.cnbc.com/cybersecurity/) * [AI](https://www.cnbc.com/ai-artificial-intelligence/) * [Enterprise](https://www.cnbc.com/enterprise/) * [Internet](https://www.cnbc.com/internet/) * [Media](https://www.cnbc.com/media/) * [Mobile](https://www.cnbc.com/mobile/) * [Social Media](https://www.cnbc.com/social-media/) * [CNBC Disruptor 50](https://www.cnbc.com/cnbc-disruptors/) * [Tech Guide](https://www.cnbc.com/tech-guide/) [Politics](https://www.cnbc.com/politics/) * [White House](https://www.cnbc.com/white-house/) * [Policy](https://www.cnbc.com/policy/) * [Defense](https://www.cnbc.com/defense/) * [Congress](https://www.cnbc.com/congress/) * [Expanding Opportunity](https://www.cnbc.com/expanding-opportunity/) [Video](https://www.cnbc.com/tv/) * [Latest Video](https://www.cnbc.com/latest-video/) * [Full Episodes](https://www.cnbc.com/live-tv/full-episodes/) * [Livestream](https://www.cnbc.com/live-tv/) * [Live Audio](https://www.cnbc.com/live-audio/) * [Live TV Schedule](https://www.cnbc.com/live-tv/schedule/) * [CNBC Podcasts](https://www.cnbc.com/podcast/) * [CEO Interviews](https://www.cnbc.com/video-ceo-interviews/) * [CNBC Documentaries](https://www.cnbc.com/documentaries/) * [Digital Originals](https://www.cnbc.com/digital-original/) [Watchlist](https://www.cnbc.com/watchlist/) [Investing Club](https://www.cnbc.com/investingclub/subscribe?__source=investingclub|globalnav|join&tpcc=investingclub|globalnav|join) * [Trust Portfolio](https://www.cnbc.com/investingclub/charitable-trust/) * [Analysis](https://www.cnbc.com/investingclub/analysis/) * [Trade Alerts](https://www.cnbc.com/investingclub/trade-alerts/) * [Meeting Videos](https://www.cnbc.com/investingclub/video/) * [Homestretch](https://www.cnbc.com/investingclub/homestretch/) * [Jim’s Columns](https://www.cnbc.com/investingclub/jim-cramer-columns/) * [Education](https://www.cnbc.com/investingclub/education/) * [Subscribe](https://www.cnbc.com/investingclub/subscribe?__source=investingclub|dropdownnav&tpcc=investingclub|dropdownnav) ![Image 5: Join IC](https://static-redesign.cnbcfm.com/dist/93743f20be95b721880f.svg) [PRO](https://www.cnbc.com/application/pro?__source=pro|globalnav|join&tpcc=pro|globalnav|join) * [Pro News](https://www.cnbc.com/pro/news/) * [Josh Brown](https://www.cnbc.com/josh-brown/) * [Mike Santoli](https://www.cnbc.com/mike-santoli-insight/) * [Calls of the Day](https://www.cnbc.com/analyst-calls-of-the-day/) * [My Portfolio](https://www.cnbc.com/my-portfolio/) * [Livestream](https://www.cnbc.com/live-tv/) * [Full Episodes](https://www.cnbc.com/live-tv/full-episodes/) * [Stock Screener](https://www.cnbc.com/pro-stock-screener/) * [Market Forecast](https://www.cnbc.com/2023/05/11/market-strategist-survey-forecast.html) * [Options Investing](https://www.cnbc.com/pro/options-investing/) * [Chart Investing](https://www.cnbc.com/cnbc-pro-chart-investing/) * [Subscribe](https://www.cnbc.com/application/pro/?__source=pro|dropdownnav&tpcc=pro|dropdownnav) ![Image 6: Join Pro](https://static-redesign.cnbcfm.com/dist/69ae09b80acd376e9c97.svg) [Livestream](https://www.cnbc.com/live-tv/) Menu * [Make It](https://www.cnbc.com/make-it/ "makeit") * select * [USA](https://www.cnbc.com/?region=usa) * [INTL](https://www.cnbc.com/world/) * [Livestream](https://www.cnbc.com/live-tv/) Search quotes, news & videos * [Livestream](https://www.cnbc.com/live-tv/) [Watchlist](https://www.cnbc.com/watchlist/) [SIGN IN](https://www.cnbc.com/2021/04/14/coinbase-to-debut-on-nasdaq-in-direct-listing.html#) [Create free account](https://www.cnbc.com/2021/04/14/coinbase-to-debut-on-nasdaq-in-direct-listing.html#) Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email [Markets](https://www.cnbc.com/markets/) [Business](https://www.cnbc.com/business/) [Investing](https://www.cnbc.com/investing/) [Tech](https://www.cnbc.com/technology/) [Politics](https://www.cnbc.com/politics/) [Video](https://www.cnbc.com/tv/) [Watchlist](https://www.cnbc.com/watchlist/) [Investing Club](https://www.cnbc.com/investingclub/subscribe?__source=investingclub|globalnav|join&tpcc=investingclub|globalnav|join) ![Image 7: Join IC](https://static-redesign.cnbcfm.com/dist/93743f20be95b721880f.svg) [PRO](https://www.cnbc.com/application/pro?__source=pro|globalnav|join&tpcc=pro|globalnav|join) ![Image 8: Join Pro](https://static-redesign.cnbcfm.com/dist/69ae09b80acd376e9c97.svg) [Livestream](https://www.cnbc.com/live-tv/) Menu ![Image 9: background of header](https://image.cnbcfm.com/api/v1/image/108146213-1747329171206-D50_2025_CNBC_COM_SPECIAL_REPORT_HEADER_BKGD_1497x160_v01.jpg?v=1747329255) [![Image 10: foreground of header](https://image.cnbcfm.com/api/v1/image/108241250-1765554331654-D50_2025_CNBC_COM_SPECIAL_REPORT_HEADER_LOGO_500x160_v02.png?v=1765554396)](https://www.cnbc.com/cnbc-disruptors/) * [2026 List](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-full-list-companies.html) * [Methodology](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-list-how-we-chose-this-years-companies.html) * [2025 List](https://www.cnbc.com/disruptor-50-2025/) * [2024 LIST](https://cnbc.com/id/107408978) * [2023 List](https://www.cnbc.com/id/107233445) * [Newsletter](https://www.cnbc.com/disruptorsnewsletter/) [CNBC Disruptor 50](https://www.cnbc.com/cnbc-disruptors/) # Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billion Published Wed, Apr 14 2021 10:33 AM EDT Updated Tue, Aug 10 2021 8:41 PM EDT ![Image 11: thumbnail](https://image.cnbcfm.com/api/v1/image/101872355-Ari-Levy-Silo-BG.jpg?v=1614082071&w=60&h=60&ffmt=webp) [Ari Levy](https://www.cnbc.com/ari-levy/)[@levynews](https://twitter.com/@levynews) [WATCH LIVE](https://www.cnbc.com/live-tv/) Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Key Points * Coinbase’s market cap exceeded $100 billion after its debut Wednesday morning on the Nasdaq, though the stock fell later in the day. * Nasdaq provided a reference price late Tuesday of $250, but because it’s a direct listing no shares changed hands at that price. * Coinbase has soared in value in the past year alongside bitcoin and ethereum, which account for most of the volume on the site. In this article * [COIN+0.22 (+0.13%)![Image 12: After Hours](https://static-redesign.cnbcfm.com/dist/1b0cc41fb0c34e043aa0.svg)](https://www.cnbc.com/quotes/COIN) Follow your favorite stocks CREATE FREE ACCOUNT ![Image 13: Coinbase opened at $381 a share, up 52% from its reference price — Here's what investors are saying now](https://image.cnbcfm.com/api/v1/image/106868358-GettyImages-1232079974-jpg?v=1618425464&w=750&h=422&vtcrop=y) watch now VIDEO 2:56 02:56 Coinbase opened at $381 a share, up 52% from its reference price — Here’s what investors are saying now [Trading Nation](https://www.cnbc.com/trading-nation/) Coinbase shares closed at $328.28 in their Nasdaq debut on Wednesday, giving the cryptocurrency exchange an initial market cap of $85.8 billion on a fully diluted basis. The shares opened at $381 and quickly shot up as high as $429.54, before dropping back below the debut price and reaching a low of around $310. The price was still well above the [reference price of $250 set Tuesday night](https://www.cnbc.com/2021/04/13/coinbase-reference-price-250-ahead-of-direct-listing.html), though no shares changed hands at that price. Skirting the traditional IPO process, Coinbase listed its stock directly, allowing employees and existing shareholders to sell shares immediately at a market-based price. In pursuing a direct listing, Coinbase followed tech companies like Spotify, Slack, Palantir and Roblox, which helped standardize the process. Excluding options and restricted stock units, Coinbase closed the day with a market cap of about $62 billion. Founded in 2012 as a way to [simplify the purchase of bitcoin](https://www.cnbc.com/2021/04/14/what-is-coinbase-how-to-use-it.html), Coinbase has emerged as the most popular crypto exchange in the U.S. and soared in value alongside digital currencies bitcoin and ethereum. The service now has 56 million users, up from 43 million at the end of 2020 and 32 million the year before that. In its last private financing round in 2018, investors [valued Coinbase at $8 billion](https://www.cnbc.com/2018/10/30/cryptocurrency-start-up-coinbase-valued-at-8-billion-despite-bitcoins-plunge.html). ![Image 14: Coinbase CEO on how direct listing could impact broader crypto market](https://image.cnbcfm.com/api/v1/image/106868007-16183956071618395604-15429793713-1080pnbcnews.jpg?v=1618395606&w=750&h=422&vtcrop=y) watch now VIDEO 1:37 01:37 Coinbase CEO on how direct listing could impact broader crypto market [Squawk Box](https://www.cnbc.com/squawk-box-us/) Coinbase is hitting the public market as a record amount of cash pours into cryptocurrencies and tech investors are thirsty for high-growth stories. [Snowflake](https://www.cnbc.com/quotes/SNOW/), [Palantir](https://www.cnbc.com/quotes/PLTR/), [DoorDash](https://www.cnbc.com/quotes/DASH/), [Airbnb](https://www.cnbc.com/quotes/ABNB/) and [Roblox](https://www.cnbc.com/quotes/RBLX/) have all gone public in the past six months and have market capitalizations ranging from $45 billion to $106 billion. Relative to those companies and others in the IPO pipeline, Coinbase’s recent growth is unparalleled. The company said last week in announcing [preliminary first-quarter results](https://www.cnbc.com/2021/04/06/coinbase-reports-estimated-q1-revenue-of-1point8-billion-up-nine-fold.html) that revenue in the period surged ninefold from a year ago to $1.8 billion, and net income climbed from $32 million to between $730 million and $800 million. The number of monthly transacting users (MTUs) climbed from 2.8 million three months earlier to 6.1 million. For full-year 2020, revenue more than doubled to $1.28 billion, and the company swung from a loss in 2019 to a profit of $322.3 million. Most transactions on Coinbase involve the purchase of bitcoin or ethereum, which have been on a historic tear, climbing more than 800% and 1,300%, respectively, in the past year. The company has said that its short-term performance will largely be determined by crypto prices. Brian Armstrong, Coinbase’s co-founder and CEO, [owns 39.6 million shares](https://www.cnbc.com/2021/03/23/coinbase-ceo-armstrong-owns-close-to-14-billion-of-stock-before-debut.html). In August, Armstrong was granted a multibillion-dollar performance award tied to the company’s stock price, potentially letting him purchase up to 9.29 million options at $23.46 over 10 years. **WATCH:**[Coinbase public debut is historic moment for cryptocurrencies](https://www.cnbc.com/2021/04/14/coinbase-debut-is-a-watershed-for-crypto-but-there-are-risks-ahead.html) ![Image 15: Coinbase's public debut is a historic moment for cryptocurrencies — Here's what experts are watching](https://image.cnbcfm.com/api/v1/image/106868163-1618409652775-gettyimages-1312463450-_48p7784_2021041421724260.jpeg?v=1618409679&w=750&h=422&vtcrop=y) watch now VIDEO 5:12 05:12 Coinbase’s public debut is a historic moment for cryptocurrencies — Here’s what experts are watching [Trading Nation](https://www.cnbc.com/trading-nation/) [Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.](https://www.google.com/preferences/source?q=https://www.cnbc.com/) Related 1. [![Image 16: Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. ](https://image.cnbcfm.com/api/v1/image/108321571-1781377484010-IMG_1068.jpeg?v=1781377596&w=200)](https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisition-ipo.html)[SpaceX to acquire the AI coding startup Cursor for $60 billion](https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisition-ipo.html) 2. [![Image 17](https://image.cnbcfm.com/api/v1/image/108308219-1779102855869-Thematic_Illustration_1_5_15.jpg?v=1779120597&w=200)](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-full-list-companies.html)[2026 CNBC Disruptor 50: See the full list of companies, rankings, and a new leader in the AI race](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-full-list-companies.html) 3. [![Image 18: More than 80 percent of 23andMe customers agree to let the company share their DNA with research partners.](https://image.cnbcfm.com/api/v1/image/105143094-GettyImages-854491752.jpg?v=1549919607&w=200)](https://www.cnbc.com/2018/06/16/5-biggest-risks-of-sharing-dna-with-consumer-genetic-testing-companies.html)[5 biggest risks of sharing your DNA with consumer genetic-testing companies](https://www.cnbc.com/2018/06/16/5-biggest-risks-of-sharing-dna-with-consumer-genetic-testing-companies.html) 4. [![Image 19](https://image.cnbcfm.com/api/v1/image/108155403-1749143325041-D50_2025_WEB_GENERIC_1920x1080_AI_RACE_v01.jpg?v=1749474857&w=200)](https://www.cnbc.com/2025/06/10/2025-cnbc-disruptor-50-see-the-full-list-of-companies.html)[2025 Disruptor 50: See full list of companies leading new era of AI breakthroughs and riches](https://www.cnbc.com/2025/06/10/2025-cnbc-disruptor-50-see-the-full-list-of-companies.html) 5. [![Image 20: Saronic’s Corsair, 24-foot Autonomous Surface Vessel (ASV) designed to deliver speed and impact for naval and maritime forces.](https://image.cnbcfm.com/api/v1/image/108285460-1774970592407-Corsair_MultiMission_2Boats_SD_003.jpg?v=1774971085&w=200)](https://www.cnbc.com/2026/03/31/autonomous-boat-startup-saronic-raises-1point75-billion-.html)[Autonomous ship startup Saronic raises $1.75 billion in race to modernize U.S. military](https://www.cnbc.com/2026/03/31/autonomous-boat-startup-saronic-raises-1point75-billion-.html) ## [More In CNBC Disruptor 50](https://www.cnbc.com/cnbc-disruptors/) [![Image 21: 2026 CNBC Disruptor 50 list: Why Anthropic was No. 1 in this year's rankings](https://image.cnbcfm.com/api/v1/image/108289783-1775826656096-gettyimages-2264943542-20090101260308-99-764839.jpeg?v=1775826686&w=600&h=300&vtcrop=y)](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-anthropic-no-1.html) [2026 CNBC Disruptor 50 list: Why Anthropic was No. 1 in this year’s rankings](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-anthropic-no-1.html) [Julia Boorstin](https://www.cnbc.com/julia-boorstin/) [![Image 22: 2026 CNBC Disruptor 50: See the full list of companies, rankings, and a new leader in the AI race](https://image.cnbcfm.com/api/v1/image/108308219-1779102855869-Thematic_Illustration_1_5_15.jpg?v=1779120597&w=600&h=300&vtcrop=y)](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-full-list-companies.html) [2026 CNBC Disruptor 50: See the full list of companies, rankings, and a new leader in the AI race](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-rankings-full-list-companies.html) [CNBC.com staff](https://www.cnbc.com/cnbccom-staff/) [![Image 23: 2026 CNBC Disruptor 50 list: How we chose this year's companies](https://image.cnbcfm.com/api/v1/image/108308222-1779102989328-Thematic_Illustration_2.jpg?v=1779120631&w=600&h=300&vtcrop=y)](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-list-how-we-chose-this-years-companies.html) [2026 CNBC Disruptor 50 list: How we chose this year’s companies](https://www.cnbc.com/2026/05/19/2026-cnbc-disruptor-50-list-how-we-chose-this-years-companies.html) [David Spiegel](https://www.cnbc.com/david-spiegel/) [Read More](https://www.cnbc.com/cnbc-disruptors/ "Read More") [![Image 24: CNBC logo](https://static-redesign.cnbcfm.com/dist/d6085c9e81f4d7365c8d.svg)](https://www.cnbc.com/) * [](https://www.facebook.com/cnbc/) * [](https://www.twitter.com/cnbc/) * [](https://www.linkedin.com/company/cnbc/) * [](https://www.instagram.com/cnbc/) * [](https://www.youtube.com/user/cnbc/) * [](https://apple.news/T3OtoXcxtRkuHRkM7SpFP_Q) * [](https://www.cnbc.com/rss-feeds/) * [Subscribe to CNBC PRO](https://www.cnbc.com/application/pro/?__source=pro|globalfooter) * [Subscribe to Investing Club](https://www.cnbc.com/investingclub/subscribe?__source=investingclub|globalfooter) * [Licensing & Reprints](https://www.cnbc.com/cnbc-reprints/) * [CNBC Councils](https://www.cnbccouncils.com/) * [Select Personal Finance](https://www.cnbc.com/select/) * [Join the CNBC Panel](https://cnbcrsh.qualtrics.com/jfe/form/SV_dgRx5X1nYC0YjNI?Origin=cnbc) * [Closed Captioning](https://www.cnbc.com/closed-captioning/) * [Digital Products](https://www.cnbc.com/subscribe/all-access/) * [News Releases](https://www.cnbc.com/cnbc-news-releases/) * [Internships](https://www.cnbc.com/cnbc-internship-program/) * [Corrections](https://www.cnbc.com/corrections/) * [About CNBC](https://www.cnbc.com/about/) * [Site Map](https://www.cnbc.com/site-map/) * [Podcasts](https://www.cnbc.com/podcast/) * [Careers](https://www.cnbc.com/cnbc-careers-and-employment/) * [Help](https://help.cnbc.com/) * [Contact](https://help.cnbc.com/contact/) * #### News Tips Got a confidential news tip? We want to hear from you. [Get In Touch](https://www.cnbc.com/news-tips/) * #### CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox [Sign Up Now](https://www.cnbc.com/sign-up-for-cnbc-newsletters/) Get this delivered to your inbox, and more info about our products and services. * #### Advertise With Us [Please Contact Us](https://together.nbcuni.com/advertise/?utm_source=cnbc&utm_medium=referral&utm_campaign=property_ad_pages) * [Ad Choices](https://www.versantprivacy.com/privacy/cookies#accordionheader3) * [Privacy Policy](https://www.versantprivacy.com/privacy) * ![Image 25: California Consumer Privacy Act (CCPA) Opt-Out Icon](https://static-redesign.cnbcfm.com/dist/17269f1b6083fd5f61be.svg)[Your Privacy Choices](https://www.cnbc.com/2021/04/14/coinbase-to-debut-on-nasdaq-in-direct-listing.html) * [CA Notice](http://www.versantprivacy.com/privacy/california-consumer-privacy-act) * [Terms of Service](https://www.cnbc.com/terms/) © 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. [Market Data Terms of Use and Disclaimers](https://www.cnbc.com/market-data-terms-of-service/) Data also provided by[![Image 26: Reuters logo](https://static-redesign.cnbcfm.com/dist/09c161b9810767a7849e.svg)](https://www.cnbc.com/market-data-terms-of-service/) This site is now part of [Versant](https://www.versantmedia.com/brands). By continuing, you agree to our [Terms](https://versantmedia.com/terms). You also acknowledge that our updated [Privacy Policy](https://www.versantprivacy.com/privacy) applies, including your existing data. For info on your data rights, click “Your Privacy Choices” or see “[Your Rights](https://www.versantprivacy.com/privacy#accordionheader5)” in our Privacy Policy. We and our partners also use tools on this site to provide the services, personalize your experience, and for analytics, marketing, and advertising. If you previously opted out of selling, sharing, or targeted advertising on this site, you will need to update your Privacy Choice. Your Privacy Choices Continue ![Image 27: Company Logo](https://cdn.cookielaw.org/logos/941b48f1-4637-4ecd-b01d-629494daf8b2/0198a5b3-a6ba-7d33-8a6f-fda757b1330f/fb998867-357e-418a-b472-cab2b8bba534/Versant_BLogo.png) Residents (or authorized agents) of states listed in the “Your Rights” section of our Privacy Policy: You are opted out of targeted advertising, selling, or sharing, occurring on this site, for this browser and device. We received your election through our toggle or a universal opt-out preference signal. You can change your choice any time. You should also provide the information requested in this Opt-Out Form, which will enable us to take action on your opt-out election more broadly than just this site (e.g., we will be able to stop sharing your email with third parties in order to target you with adverting on other sites and services, like social media platforms, such as social media platforms). Residents (or authorized agents) of states not listed in the “Your Rights” section of our Privacy Policy: If we do not detect that you are in one of the states listed in the “Your Rights” section of our Privacy Policy, we cannot ensure that we will be able to apply your opt out choice, even if you utilize the toggle or we receive your election through your universal opt-out preference signal. ## Notice of Right to Opt-Out of Sale/Sharing and Targeted Advertising We may collect personal data from and about you through this site for “targeted advertising,” “selling,” or “sharing,” as defined by applicable privacy laws. Some [states](https://www.versantprivacy.com/privacy#accordionheader5) provide residents (or their authorized agents) with the right to opt out of these practices. See the “[Your Rights](https://www.versantprivacy.com/privacy#accordionheader5)” section of our Privacy Policy for more info. **If you reside in one of these states (or are an authorized agent) you can opt out of targeted advertising, selling, or sharing, occurring on this site by moving the toggle below to the left and clicking “Confirm My Choice.”** Your choice through the toggle is specific to this site. If you access other Versant sites and services, you will need to opt out for each. Also, if you clear your cookies on this browser or use another browser or device, you will need to opt out again. You can change your choice any time. **In addition to the toggle, you should also provide the information requested in our “Opt-Out Form” (accessible by clicking the “+” below), which will enable us to take action on your opt-out election more broadly than just on this site (e.g., we will be able to stop sharing your email with third parties in order to target you with adverting on other site and services, such as social media platforms).** You may also enable where available and provided for under applicable privacy laws, a universal tool that automatically communicates your opt out preference, such as the Global Privacy Control (“GPC”). If detected, we will process your GPC signal as if you had opted out through the toggle. If you opt-out, you may continue to see advertising, including ads that may be based on personal information processed before you opted out. ### Manage Opt-Out Preferences: Move Toggle to Left and Click “Confirm My Choice” and then Complete Opt-Out Form (accessible by clicking “+” below) #### Allow Sale of My Personal Info and Sharing/Processing for Targeted Ads - [x] Allow Sale of My Personal Info and Sharing/Processing for Targeted Ads **Residents (or authorized agents) of states _listed_ in the “Your Rights” section of our Privacy Policy:** To opt out of targeted advertising, selling, or sharing occurring on this site for this browser and device, move the toggle to the left and click “Confirm My Choice.” **Residents (or authorized agents) of states _not listed_ in the “Your Rights” section of our Privacy Policy:** If we do not detect that you are in one of the states listed in the “Your Rights” section of our Privacy Policy, we cannot ensure that we will be able to apply your opt out choice, even if you utilize the toggle. Please note, your choice through the toggle is specific to this site, for this browser and device. If you access other Versant sites and services, you will need to opt out for each. Also, if you clear your cookies on this browser or use another browser or device, you will need to opt out again. You can change your choice any time. If you opt-out, you may continue to see advertising, including ads that may be based on personal data processed before you opted out. #### Opt-Out Form Always Active You should also provide the info requested in this [Opt-Out Form](https://privacyportal.onetrust.com/webform/941b48f1-4637-4ecd-b01d-629494daf8b2/6d056e9f-08d3-433f-a209-afb06bb411c6), which will enable us to take action on your opt-out election more broadly than just this site (e.g., we will be able to stop sharing your email with third parties in order to target you with adverting on other sites and services, such as social media platforms). ### Cookie List Clear * - [x] checkbox label label Apply Cancel Consent Leg.Interest - [x] checkbox label label - [x] checkbox label label - [x] checkbox label label Confirm My Choice [![Image 28: Powered by Onetrust](https://cdn.cookielaw.org/logos/static/powered_by_logo.svg)](https://www.onetrust.com/products/cookie-consent/) ![Image 29](https://bat.bing.com/action/0?ti=16018830&Ver=2&mid=8be658c5-6a33-4e82-9b69-49596ce56552&bo=1&sid=4c35d5d077a511f1a59f1dedacded52d&vid=4c36019077a511f19e22074bfeb0178e&vids=1&msclkid=N&pi=918639831&lg=en-US&sw=1280&sh=1280&sc=24&tl=Coinbase%20stock%20debuts%20on%20Nasdaq%20in%20direct%20listing&kw=IPO,Roblox%20Corp,Airbnb%20Inc,DoorDash%20Inc,Palantir%20Technologies%20Inc,Snowflake%20Inc,Technology,Business,Social%20media,Breaking%20News%3A%20Technology,Coinbase%20Global%20Inc,business%20news&p=https%3A%2F%2Fwww.cnbc.com%2F2021%2F04%2F14%2Fcoinbase-to-debut-on-nasdaq-in-direct-listing.html&r=<=1137&evt=pageLoad&sv=2&cdb=AQER&rn=862135)![Image 30](https://bat.bing.com/action/0?ti=16018830&Ver=2&mid=8be658c5-6a33-4e82-9b69-49596ce56552&bo=2&sid=4c35d5d077a511f1a59f1dedacded52d&vid=4c36019077a511f19e22074bfeb0178e&vids=0&msclkid=N&ea=subscribe&en=Y&p=https%3A%2F%2Fwww.cnbc.com%2F2021%2F04%2F14%2Fcoinbase-to-debut-on-nasdaq-in-direct-listing.html&sw=1280&sh=1280&sc=24&evt=custom&cdb=AQER&rn=222956)