Coinbase Global, Inc. COIN shares are trading higher in sympathy with the other bitcoin-related stocks amid an increase in the price of Bitcoin BTC/USD.
Bitcoin is trading higher by 6.5% at around $31,568 Wednesday morning.
Coinbase Global Inc is a provider of end-to-end financial infrastructure and technology for the crypto-economy. It generates substantially all its net revenue from transaction fees from trades that occur on its platform.
Coinbase shares were trading about 3.2% higher at $232.13 per share on Wednesday at the time of publication. The stock has a 52-week high of $429.54 and a 52-week low of $208.
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