Coinbase Going Public When. Coinbase has decided to go for the faster direct listing approach as opposed to an ipo. When coinbase first announced its intentions to go public in late 2020, bitcoin was worth almost half that amount.
It was first said that the company would float its shares as soon as late march. The existing shares aren't diluted: A direct listing means coinbase will avoid the traditional wall street process.
Back then, it was believed that the listing could be taking place the same year and would be achieved by an ipo but plans were still.
The irony of a company that converts cash to crypto is going public on the stock exchange to be sold for cash. Coin ) is preparing to go public but the company won't be doing so through the normal method of an initial public offering (ipo). The irony of a company that converts cash to crypto is going public on the stock exchange to be sold for cash. As major crypto exchange coinbase going public in two days, industry insiders see it as a bullish event for a wider crypto space, but also one that there is a number of potential results that industry insiders see coming out of the exchange's move to go public, but many seem to agree that, as kadan.