Coinbase's Public Listing Plans Shine Spotlight On Crypto
Law360 (January 29, 2021, 10:07 PM EST) -- Coinbase's plans to go public through a direct listing could increase acceptance of cryptocurrencies and position the startup for growth, potentially encouraging competitors to follow suit, assuming the company can withstand scrutiny from regulators and investors, experts said.
Cryptocurrency venue Coinbase Inc. said Thursday that it plans to list Class A common shares, shedding light on plans for its public markets debut that has been anticipated for months.
The company said it expects its registration statement to become effective after review by the U.S. Securities and Exchange Commission, pending market and other conditions. If Coinbase gets the regulatory nod, the company...
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