1confirmation Founder: A Certain Exchange’s Market Cap May Soon Surpass $100 Billion

Odaily Planet Daily reported that Nick Tomaino, founder of 1confirmation, posted on X stating that a certain exchange went public in April 2021 with a market capitalization of $85 billion. Currently, its market cap is around $95 billion (with yesterday’s closing at approximately $94 billion), which is about 11% of JPMorgan Chase’s market value. The days when this exchange’s market cap is below $100 billion now seem to be numbered.