Bloomberg Law
Tech & Telecom Law
Dec. 17, 2020, 10:32 PM

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

By Olga Kharif and Michael Hytha

Olga Kharif
Olga Kharif
Bloomberg News
Michael Hytha
Michael Hytha
Bloomberg News
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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. ...

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