2/25, 2:09 PM (Source: TeleTrader)
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Coinbase files docs to go public via direct listing

Coinbase Global Inc. announced on Thursday it filed Form S-1 with the United States Securities and Exchange Commission in anticipation of its direct listing.

According to the document, the digital currency exchange's 2020 revenue was $1.27 billion, while net income stood at $322 million. Operating expenses were at $869 million.

The digital currency exchange said it plans to list its shares on Nasdaq under the ticker "COIN."

Breaking the News / MD