Coinbase Jumps After Sign-Up Numbers for NFT Marketplace Revealed
Coinbase (COIN) shares rose 6% after reports that the crypto exchange’s new non-fungible token (NFT) marketplace had more than one million people on its waitlist to sign up on the first day it was announced earlier this week.As of Thursday morning, the waiting list was at 1.35 million, which is four times the 300,0000 users that OpenSea, the world’s largest NFT marketplace, has, according to a BTIG note.“We believe the immediate and emphatic reaction of retail customers to its announcement on Tuesday that it would launch a non-fungible token (NFT) marketplace by the end of the year has demonstrated its…