Coinbase’s direct listing on Nasdaq planned for mid-April: report

Apr 1, 2021 | The Block News | 0 comments

coinbase’s-direct-listing-on-nasdaq-planned-for-mid-april:-report

Coinbase, the U.S.-based crypto exchange, is set to go public in the next two weeks, according to Bloomberg.

Bloomberg’s report said that Coinbase “is now planning to make its trading debut about April 14, according to people with knowledge of the matter.” Bloomberg had previously reported that Coinbase’s expected March direct listing was pushed back.

Coinbase’s S-1 prospectus filing became public in late February and formally set the stage for the crypto exchange unicorn’s direct listing. The firm made its intent to go public via a direct stock listing in late January, as reported by The Block at the time. Coinbase later confirmed that it would go public on Nasdaq’s stock exchange

This is a developing story and will be updated as new information is added.

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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