In Going Public, Coinbase Will Bring Bitcoin Exchanges To The Big Leagues
Following a momenumentous S1 filing, the cryptocurrency exchange Coinbase appears poised to shift the public perception of exchanges at large.Coinbase’s recent S1 filing has been hailed as something of a watershed moment.What might be most incredible is that private markets value the company at about $100 billion, putting it ahead of the most-established traditional exchanges. And that’s by quite a margin! If we look at traditional exchanges, one of the more robust has been Hong Kong’s HKEX, which was strong enough to attempt a takeover of the London Stock Exchange last year. As of now,....
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The San Francisco-based company could be the first crypto exchange to go public in the United States. U.S.-based crypto exchange Coinbase says it anticipates going public with a direct stock listing in two weeks.According to a Coinbase blog today, the U.S. Securities and Exchange Commission, or SEC, has declared the crypto exchange's S-1 registration for a public offering effective. Coinbase's Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol "COIN" on April 14. The crypto exchange had previously been expected to go public in March, but....
Finding the best crypto exchanges and possible initial public offerings (IPO) with Nikita Zuborev, BestChange senior analyst. Since the turn of the year, there was talk of a Coinbase IPO, or initial public offering, with crypto enthusiasts excited on this direct listing. As the second-largest crypto exchange in trading volume, there was a lot of […]
Cryptocurrency exchange Coinbase has revealed user and revenue details in an SEC filing ahead of going public. The post Coinbase Files S-1 Registration Ahead Of Going Public appeared first on Bitcoin Magazine.
Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court. One of crypto's most-anticipated initial public offerings is one step closer.On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that:"The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions."Per its last valuation, Coinbase was worth $8 billion, but that was in 2018. As it stands, the firm is one of the biggest....
Not everyone was thrilled by the news that Coinbase has teamed up with the WNBA. The Women’s National Basketball Association (WNBA) is one of America’s most popular sports leagues. Still, many basketball fans were upset about their league partnering with a crypto exchange company amid a market crash. Last October, the US crypto brokerage rapidly […]