Coinbase files to go public

Coinbase announced today that it confidentially submitted its Form-S1 to the SEC, officially acknowledging its plan to go public with an IPO.

The announcement came via the Coinbase blog:

Coinbase Global, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”). The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions.

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