The San Francisco-based company will be the first public crypto exchange in the United States.
On the Official Coinbase Blog it is indicated that the listing of shares will take place in two weeks. The Securities Commission approved the exchange's registration for a public offering.
Class A shares will be traded on the Nasdaq under the ticker COIN starting April 14th.
Coinbase submitted a Form S-1 application to the Commission back in December last year, although it only announced its plans to go public in early 2021.
At the time of the IPO, the exchange was valued at $ 100 billion. Coinbase will list 114 million shares. At the private auction on the Nasdaq Private Market, securities were traded for about $ 350 apiece.
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According to the materials cointelegraph.com