Crypto exchange Coinbase readies landmark stock market listing

Crypto exchange Coinbase readies landmark stock market listing
  • Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public.
  • The listing would need the U.S. Securities and Exchange Commission’s (SEC) blessing. Were the watchdog to greenlight it, it would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement.
  • Coinbase could pursue the listing later this year or early next year. 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.