San Francisco-based Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.

Coinbase to close San Francisco offices for good, will have no headquarters. By Andrew Chamings, Editor-at-Large Updated May 6, 2021 11:45 a.m.

SAN FRANCISCO - Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.

Coinbase, whose CEO Brian Armstrong is pictured here, has been looking for office space in San Francisco after dropping its San Francisco headquarters designation in early 2021.

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Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, plans to close its San Francisco headquarters next year and let employees continue to work remotely.

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