Source: https://remarkboard.com/m/sources-coinbase-is-exploring-going-public-via-a-direct/1esz247y0av44
(Reuters) – Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter.
Coinbase could pursue the listing later this year or early next year, the sources said, cautioning that the plans are still subject to change.
One of the sources said that Coinbase, which was valued at more than $8 billion in its latest private fundraising round in 2018, is exploring going public via a direct listing instead of a traditional initial public offering (IPO).
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