Share this article
Coinbase Exploring Stock Market Listing, Reuters Reports
The crypto exchange is said to be planning a direct listing rather than an initial public offering, sources speaking to Reuters said.
By Paddy Baker
Updated May 9, 2023, 3:09 a.m. Published Jul 9, 2020, 1:59 p.m.
One of the world's largest cryptocurrency exchanges is said to be preparing to list on the U.S. stock market sometime in early 2021.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Sources speaking to Reuters said Coinbase had already begun the process for a listing; it isn't clear on which exchange venue this would take place.
- Rather than an initial public offering, it's said the firm would prefer to go down the route of a direct listing on an exchange.
- The Securities and Exchange Commission would have to approve Coinbase's listing application.
- Should it be approved, Coinbase would be the first crypto exchange to go public in the U.S.
- The company was valued at $8 billion at its last funding round in 2018.
- Coinbase declined to comment.
See also: Coinbase Lists Compound’s COMP Token for Retail Crypto Traders
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Andreessen Horovitz's crypto venture capital unit pointed to high levels of crypto ownership in South Korea and Singapore, and growing onchain activity in Japan.
What to know:
- Venture fund a16z crypto is opening its first office in Asia, located in Seoul, and named Sungmo Park to lead it.
- The Seoul office aims to build partnerships and accelerate community growth across the region.
- South Korea's active onchain community and developer ecosystem probably influenced the fund's decision to choose Seoul over other Asian financial hubs.
Top Stories
