Coinbase was featured in a Cointelegraph article regarding the draft registration it has sent to the U.S. Securities and Exchange Commission “SEC,” leaving its future IPO in the commission’s court. The piece, titled “The Coinbase IPO is coming, according to SEC filing,” discusses the one-step-closer status for one of crypto’s most-anticipated initial public offerings. The article reads, “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 names in crypto and has a reputation for working well with U.S. regulators, two factors that have long put Coinbase as one of the frontrunners in the race for crypto’s major IPOs.”
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About Coinbase
Coinbase is how the world uses crypto. In 2012, Coinbase had the radical idea that anyone — anywhere — should be able to easily and securely access bitcoin. It sees cryptocurrency as the future of money and a catalyst for creating an open financial system around the world. Today more than 35 million people in over 100 countries trust Coinbase to buy, sell, store, use and earn cryptocurrency. For more information about the firm, visit www.Coinbase.com.
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