Sirlibz
Top leading US cryptocurrency exchange is set to to be listed on the US Stock Market which could come as early as this year and make the company go public. The listing would make Coinbase the first US cryptocurrency exchange to go public.
The exchange would need the approval of the United States Securities and Exchange Commission (SEC), if this was to happen, then Coinbase would have gained victory over other platforms competing for the recognition and endorsement from SEC.
The source of this news is said to have requested anonymity because the listing preparations are confidential. Coinbase spokesperson also stated that the company does not comment on rumors or speculative news. The source however stated that the listing could happen this year or early next year and that the plans are subject to change since the exchange is yet to announce it’s plan on going public. The SEC has also refused to comment on this matter.
Coinbase
The exchange was founded in 2012 by Brian Armstrong and today is one of the well known and top traded cryptocurrency exchanges in the US and other parts of the world. They have an estimated 35 million customers who trade various assets on the exchange platform.
The exchange raised over $8 billion back in 2018 in a private fundraising and possibly plans on going public via a direct listing instead of a Traditional Initial Public Listing (IPO)
