Coinbase is the biggest exchange for cryptocurrency in the U.S.,
- said Thursday it plans to go public through a direct listing
- last month it filed a draft registration statement with the Securities and Exchange Commission for a public offering
BTC update:
---
ps. Direct listings differ from traditional initial public offerings
- companies take shares to the stock market directly
- in a more traditional IPO floats are promoted by investment banks
- Direct listing isn't as common as traditional IPOs