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Coinbase shares soar in boost from meme traders, BlackRock crypto deal

Coinbase shares soar in boost from meme traders, BlackRock crypto deal

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021.

Shannon Stapleton | Reuters

Shares of Coinbase soared on Thursday after the crypto exchange announced a partnership with BlackRock that will allow its institutional clients to buy bitcoin.

Coinbase shares were last up by 18%. Earlier in the day they jumped as…


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