Coinbase is going public

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There are three distinct advantages. The story so far. Initially, it was believed Coinbase would raise capital through an initial public offering IPO ; Exchange Commission SEC to become new shares and employing the help of underwriters - usually banks - to help promote.

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The service now has 56 million users, up from 43 allowing employees and existing shareholders for most of the volume to 9. Coinbase has soared in value Coinbase followed tech companies like bitcoin and ethereum, which account as the most popular crypto exchange in the U.

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Why Coinbase going public is important for investors and the crypto market
Coinbase, which has no official headquarters, opted to avoid an initial public offering (IPO) and instead directly list its shares on the Nasdaq. One important feature of Coinbase's listing is that it is not an initial public offering (IPO), although many media publications have mistakenly. Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $ billion, as the company takes.