Perhaps the biggest crypto exchange in the world, Coinbase had filed an IPO-proposal to the SEC, to become a public listed company. After this, the Messary analyst-platform calculated the company’s valuation. The result is 28 billion dollars.
They monitored the custody, trading arm of the company, and the card-issuer operations too. Also the locked, handled value matter, next to the daily volume. Both are on an uptrend for a while.