Coinbase Going Public Ipo. Why the coinbase ipo matters right now. Coinbase going public is also big news for crypto investors.
coinbase ipo from www.dofaq.co After some speculation in early 2020, a coinbase ipo is finally happening. Coinbase going public seen as 'watershed' for crypto industry. The last several months, and especially the last several weeks, have brought a flood of institutional support to the cryptocurrency space.
The company announced its initial plans to go public.
Coinbase has filed an ipo, and its connections to financial institutions as well as rising crypto adoption may rally public investors. This week, it topped $20,000 for the first time ever, and even surpassed $23,000 at one point. It was founded in 2012 by brian armstrong and fred ehrsam and calls san francisco, calif., its home. Ipo is a process of offering shares of a private corporation to the public in a new stock issuance.
