On the 10th, Coupang’s public offering price for listing on the New York Stock Exchange was confirmed to be $35 per share, which is higher than the existing expected price of $34. have. According to cryptocurrency exchanges, as of 3 p.m., Paycoin was traded at 3,085 won per piece, which is a 40.23% increase from the previous day’s closing price.
In addition, Paycoin’s transaction value totaled 1,119.7 billion won in Upbit, surpassing Bitcoin (650.5 billion won), a cryptocurrency ledger, ranking first in the total transaction value of cryptocurrency.
Paycoin was listed on the Upbit KRW market on October 30, 2020, and the first transaction price started at 369 won. And until February 16, the paycoin price was less than 200 won per piece, but 2,000% for the next day It soared so far, and it rose to 4,180 won at once.
After that, the price was adjusted and the market price moved around 1,500 won, and the price started to rise from the 9th of this month on a daily basis.
Paycoin is a blockchain-based cryptocurrency payment method that can be used at online and offline affiliates.
The background of Paycoin’s surge this time seems to be attributable to the fact that Danal is the No. 1 share of mobile phone PG in Coupang.
Coupang announced a ticker on the New York Stock Exchange (NYSE) on the 11th.CPNG' The first transaction is made. The public offering price for Coupang was confirmed at $35 (approximately 39862 KRW), which is higher than Coupang’s proposed public offering price of 32-34 dollars the day before.
When Coupang’s enterprise value is calculated based on the public offering price, it is close to $63 billion (approximately 71.3 trillion won). Coupang is offering a public offering of 130 million shares (Class A common stock), which is 10 million more than originally known, and can raise $4.55 billion (approximately 5,1678 billion won) through this IPO. There was.
As a result, Coupang ranked third after Samsung Electronics (about 483 trillion won) and SK Hynix (about 97 trillion won) when compared to domestic listed companies.
Meanwhile, the day before, Danal revealed its ambition to leap to the world-wide payment method through’Webinar’, a simple bitcoin payment service. The plan is to move away from being used as an electronic payment method only in the domestic market, and implement Paycoin so that you can easily make electronic payments through Paycoin in the global market.