Cryptocurrencies
Cryptocurrency Exchange Coinbase Says It Filed to Go Public
- Announcement comes as Bitcoin hits record high this week
- Coinbase going public seen as ‘watershed’ for crypto industry
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Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, said it has filed confidentially with the Securities and Exchange Commission to go public it what’s anticipated to be a break-through moment for the industry.
The San Francisco-based company said in a statement that it expects its draft registration filing to become effective after the SEC completes its review process. The company didn’t provide further details of its listing plans and a representative declined to comment beyond the announcement.