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Cryptocurrency Exchange Coinbase Is Planning to Go Public in 2020


Cryptocurrency exchange Coinbase is reportedly planning to go public, according to reports. Shares of Coinbase could potentially be available for the public to trade as early as this year, but nothing has yet been filed with the Securities and Exchange Commission.

In its latest fundraising round in 2018, Coinbase was valued at more than $8 billion. It's unclear whether the company's public valuation could be higher or lower than that amount, and we likely won't know more details about pricing until official paperwork is filed.

Image source: Getty Images.

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Source Fool.com


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