Coinbase Files for Direct Listing of 114.9 Million Shares

Coinbase

U.S. cryptocurrency brokerage Coinbase Global filed with the SEC to sell approximately 114.9 million shares in a direct-listing IPO that could value the company at more than $100 billion.

In an amended S-1 filing, Coinbase said it plans to sell the shares as part of its Nasdaq direct listing. Coinbase will trade on the Nasdaq under COIN. The company originally announced its plans to go public in December. Read more.

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