Headquartered in San Francisco (CA), Coinbase was founded in June 2012 and helped popularize cryptocurrency access in the very beginning, with a total of 35 million users today. The exchange offers cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin and 20+ others for trading and support 100+ countries.
According to Reuters
, Coinbase has started plans for a stock market listing that could make it the first US crypto exchange to go public. The company was valued at $8bi in its latest private fundraising round in 2018, and it’s not clear yet which path it will choose to go public - but sources say they might go for a direct listing rather than an IPO.
If you are interested in selling or buying Coinbase
stock when it becomes available, you will be able to do so with the Passfolio app. You won’t need thousands of dollars to do it - you can start with only $1
, because we let our users purchase fractional shares!²