Coinbase files to go public via direct listing

Hanno Labuschagne

MyBroadband
Staff member
Super Moderator
Joined
Sep 2, 2019
Messages
2,045
Coinbase files to go public via direct listing

Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, filed to go public via a direct listing, in what’s anticipated to be a break-through moment for the industry.

The company won’t raise any proceeds in the transaction, Coinbase said in a filing with the U.S. Securities and Exchange Commission on Thursday.

Coinbase’s offering could be the first major direct listing to take place on the Nasdaq. All previous ones, including Spotify Technology SA, Slack Technologies Inc., Asana Inc. and Palantir Technologies Inc., were listed on the New York Stock Exchange.

[Bloomberg]
 

HavocXphere

Honorary Master
Joined
Oct 19, 2007
Messages
32,887
Thinking I might throw some money at this. Regardless of what coin goes where they'll always be collecting their fees
 
  • Like
Reactions: LOM

LOM

Honorary Master
Joined
Jul 18, 2008
Messages
50,711
Thinking I might throw some money at this. Regardless of what coin goes where they'll always be collecting their fees
Agree... same. Crypto is growing. I'd rather have a finger in the exchange pie than any other piece.
 
Top