Coinbase reportedly prepping to go public, and the good times are back!
Coinbase reportedly prepping to go public, and the good times are back!
Coinbase is getting ready to “moon.”
According to Reuters, the San Francisco-based cryptocurrency exchange is secretly preparing to go public, possibly as early as this year. This would mark the first time a U.S. exchange of this size and importance has done so, and suggests that Coinbase believes the good times are back.
The exchange, which was valued at $8 billion in 2018, provides a government-friendly way for people to buy, sell, and HODL (i.e., not sell, spend, or trade) cryptocurrencies like bitcoin, bitcoin cash, and ethereum. Offering a mobile app, and a debit card that works with Apple Pay, the exchange has positioned itself as the go-to spot for people looking to get into the often confusing and scam-filled world of cryptocurrency. Read more…
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