Bitcoin
A$ 87,707
WINkLink
A$ 0.0008680
Ethereum
A$ 5,492.3

You Can Buy Stock in Coinbase Beginning in Mid-April

Leading U.S.-based cryptocurrency exchange Coinbase is all set to go public on April 14. Traders and investors will be permitted to start purchasing stock in the trading platform beginning then.

Coinbase Will Go Public in Less Than Two Weeks

It is a big deal that Coinbase has filed for an initial public offering (IPO) in the sense that no company in Coinbase’s shoes has ever been in this position. As the first crypto platform of its kind to ever go public, many analysts are confident this is going to be the start of something big, and that assets like bitcoin – which have already been exploding in price as of late – are about to expand to a whole new level.

Coinbase first announced its plans to go public last December and filed what is known as Form S-1 with the Securities and Exchange Commission (SEC). Considering things are now moving in the right direction, one can only assume that the exchange passed the review process the financial agency applies to all companies seeking public trading options with flying colors.

The trading enterprise mentioned in a statement:

Coinbase today announced that its registration statement on Form S-1, as filed with the Securities and Exchange Commission (SEC), relating to a proposed public direct listing of its Class A common stock was declared effective by the SEC on April 1, 2021. Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq Global Select market under the ticker symbol ‘COIN’ on April 14, 2021.  Copy of the prospectus related to the registration statement may be obtained by visiting EDGAR on the SEC website.

While Coinbase may not be the largest crypto exchange in the world (Binance is currently ranked at number one), it certainly comes close. The company was founded in the year 2012 by Brian Armstrong, and for the past nine years, it has cemented itself as a leader in the global digital asset community. Thus far, according to data from Messari.io, the trading platform holds approximately 11 percent of all crypto owned by customers around the world. That is a big number to say the least.

Getting Ready to Buy Some Stock?

In a statement, founder Armstrong commented:

At Coinbase, we’re committed to bringing the potential of crypto to everyone. As part of this commitment, we will always strive to provide our customers with the highest levels of security, trust and transparency during periods of extreme demand.

Considering bitcoin is presently trading for more than $59,000 per unit, it is probably safe to say that that period of extreme demand Armstrong mentions has truly arrived. At the time of writing, many major companies – including PayPal and Tesla – are allowing crypto payments for goods and services, and the currency has reached a new pinnacle in that it is now viewed as a store of wealth and not just a speculative asset.

The post You Can Buy Stock in Coinbase Beginning in Mid-April appeared first on Live Bitcoin News.

Related Posts

Leave a Reply

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Donate To Cryptonic Australia


Donate BTC: 1MPYuHUKm3AhNivMSngqLnoEbpNEecHeEK
Donate Doge: DDYybw7H8zx8EYU74JrGW8WwmYh9AGuyMC
Donate WinK: TDiXutqKE3P17LpZMQh3SDBCGSkAC6iEjB




LUNA Outperforms Bitcoin’s Rally, Why It’s Ready For Massive Gains
October 20, 2021
Recoverybitcoins
October 20, 2021
Medical Firm In Mexico To Introduce COVID-19 Testing Through Blockchain
October 20, 2021




LUNA Outperforms Bitcoin’s Rally, Why It’s Ready For Massive Gains
October 20, 2021
Recoverybitcoins
October 20, 2021
Medical Firm In Mexico To Introduce COVID-19 Testing Through Blockchain
October 20, 2021


CryptoCurrencyAUDChange 1hChange 24hChange 7d
Bitcoin87,707 0.06 % 3.07 % 17.05 %
Ethereum5,492.3 0.09 % 7.27 % 18.04 %
Binance Coin667.24 0.28 % 3.17 % 13.91 %
Cardano2.900 0.49 % 3.60 % 2.98 %
Tether1.340 0.29 % 0.53 % 0.27 %
XRP1.510 0.57 % 4.58 % 3.17 %
Solana228.95 0.81 % 10.13 % 13.24 %
Polkadot59.01 0.35 % 7.26 % 26.29 %
Dogecoin0.3395 0.30 % 3.78 % 12.77 %
USD Coin1.340 0.20 % 0.54 % 0.25 %

Recent Comments

Allison wick

I was a victim of WDC Markets investment scam some months ago myself. It was...

Greatness

he is the best when it comes to recovery, he helped recover my funds without...

URL

... [Trackback] [...] There you will find 63491 more Infos: cryptonic.com.au/evaluation-suggests-bitcoin-robust-palms-are-shopping-for-this-dip/ [...]