US's biggest crypto exchange to go public

English Jul 13, 2020

Valued at US$ 8 bi, Coinbase, the largest crypto exchange in the United States, plans to go public in late 2020 or early 2021.

Such information by Reuters, if confirmed, could mean the first big crypto-currency company to be traded on a stock exchange. Coinbase was founded in 2012 and has around 35 million users in 102 countries.

Both SEC and Coinbase itself do not confirm nor deny the rumors, second in a trail that started in 2018, when rumors about a Coinbase IPO went to the social networks. This time, it was said that Coinbase did not apply at SEC yet, but is in the process of hiring attorneys and investment banks to proceed.


Jefrey Santos

CTO and co-founder at Capitual, programmer and Blockchain engineer. Hobbyist writer from childhood.