Coinbase filed for IPO

22.12.2020 / Payment system news

Cryptocurrency trading platform Coinbase is realizing its plans to go to the stock market. At the moment, the SEC has filed a corresponding registration application in the S-1 form. After carrying out verification activities, the department will make its decision on the approval or refusal of the initial public offering (IPO).

Coinbase experts emphasize that the application cannot be an offer to sell or buy any securities, noting that such actions will be carried out only in accordance with the registration requirements of the national Securities Act of 1933. The announcement is only published in accordance with Rule 135 of the Securities Act.

Add, last year, Coinbase Custody announced that it manages $ 1.3 billion in user assets.