Business Standard

Coinbase reveals healthy revenue growth, profit in listing application

The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public

Coinbase
Premium

Coinbase is eschewing a traditional initial public offering where a company raises money by selling new shares

Reuters
Coinbase Global Inc on Thursday disclosed its regulatory filing to go public, revealing surging revenue growth and healthy earnings and setting the stage for a landmark stock market listing for the U.S. cryptocurrency exchange.

The procedural step of making its filing with U.S. regulators public brings Coinbase a step closer to listing its shares on the Nasdaq stock exchange, which would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement.

Coinbase said in December that it had confidentially applied with the U.S. Securities and Exchange Commission (SEC) to go public.

Reuters was first to report last July that

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in