Exchange Coinbase begins its IPO

Coinbase is one of the most representative exchanges in the world, mainly due to its - so far - good role in empowering the crypto-economy. This platform is based in San Francisco, was founded in 2012 and by July 2019 they had thirty million users on their platform. Now according to the Coinbase official blog, the company has successfully completed the first stage of its registration for public listing.

The completion of the S-1 form of the US Securities and Exchange Rate Commission was the first step for the public listing of Coinbase shares as category A shares. And it would be these that NASDAQ will offer under the acronym COIN a once the entire procedure is completed.

In its publication, the company has made special emphasis that this announcement does not constitute an offer to sell or request for offers to buy any type of security, as well as, it is unaware of any unauthorized sale, which would be classified as illegal and reported to the legal authorities for its treatment.

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Elijah Casanova
Ninth cycle Law student at the Universidad del Pacífico. With an interest in technology, business and law. New technologies are our letter to the future.

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