{"id":430199,"date":"2020-07-10T02:00:56","date_gmt":"2020-07-10T02:00:56","guid":{"rendered":"https:\/\/uniquehot.com\/?p=430199"},"modified":"2020-07-09T16:53:53","modified_gmt":"2020-07-09T16:53:53","slug":"crypto-exchange-coinbase-8b-ipo","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/company\/crypto-exchange-coinbase-8b-ipo\/","title":{"rendered":"Report: Crypto Exchange Coinbase is Gearing Up for an $8B+ Stock Market Debut"},"content":{"rendered":"
A new report from Reuters is claiming that the crypto trading platform Coinbase<\/a> is in the process of filing for a direct listing in the U.S. markets.<\/p>\n The potential listing remains in its early stages, and the company has yet to be approved by the Securities and Exchange Commission for a public listing.<\/p>\n If this possibility does come to fruition, it will mark a notable step in the evolution of the crypto industry, as it will be the first crypto exchange to secure a listing on the public markets.<\/p>\n According to the unnamed sources cited within the report<\/a>, the listing could come as early as this year.<\/p>\n If approved, Coinbase would likely be one of the only non-mining related crypto companies to secure a public listing \u2013 marking an important step in the progression of the young and rapidly growing industry.<\/p>\n Per the report, the listing process is still in its early stages, and the exchange has yet to file any formal paperwork to the SEC.<\/p>\n It also states that the company is currently in the process of mulling over a listing with relevant parties, including investment banks and law firms.<\/p>\n \u201cCoinbase could pursue the listing later this year or early next year, the sources said, cautioning that the plans are still subject to change. The company has not yet registered its intention to go public with the SEC, but has been in talks to hire investment banks and law firms, the sources added.\u201d<\/p><\/blockquote>\n Both Coinbase and the SEC declined to comment on the matter.<\/p>\n It is important to note that companies often engage in discussions with investment bankers and attorneys regarding market debut listing plans, and these talks are not always indicative of an imminent listing.<\/p>\nReport: Crypto Exchange Coinbase Vying for a Public Listing<\/strong><\/h2>\n