Just recently have lots of institutional investors and conventional banks welcomed cryptocurrency, formerly considered volatile.with and too speculative bitcoin up about 800% in the previous year and an environment of infrastructure companies and trading platforms emerging around it, Coinbase has soared in worth as a proxy for the more comprehensive crypto-economy. The company claims to have more than 43 million users trading digital properties in more than 100 countries.Last month, an updated filing revealed that Coinbase had reached an implied $68 billion personal market appraisal, based on a typical share cost of $343.58. While private market worth is less indicative of a businesss share worth, the Nasdaq will use that info to set a referral cost ahead of Coinbases direct listing.WATCH: Goldman Sacks to provide bitcoin financial investments to wealthy clients