Crypto exchange Coinbase is planning to go public – via direct listing

Crypto exchange Coinbase is planning to go public – via direct listing

Coinbase is the biggest exchange for cryptocurrency in the U.S.,

  • said Thursday it plans to go public through a direct listing
  • last month it filed a draft registration statement with the Securities and Exchange Commission for a public offering

BTC update:

ArticleBody Coinbase is the biggest exchange for cryptocurrency in the U.S.,

ps. Direct listings differ from traditional initial public offerings 

  • companies take shares to the stock market directly
  • in a more traditional IPO floats are promoted by investment banks
  • Direct listing isn’t as common as traditional IPOs

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