Cryptocurrency Exchange Coinbase Says It Filed to Go Public (2)

Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, said it has filed confidentially with the Securities and Exchange Commission to go public it what’s anticipated to be a break-through moment for the industry.

The San Francisco-based company said in a statement that it expects its draft registration filing to become effective after the SEC completes its review process. The company didn’t provide further details of its listing plans and a representative declined to comment beyond the announcement.

Coinbase was valued at more than $8 billion in 2018 after a $300 million funding round led by Tiger Global Management. ...