Coinbase Files Draft S-1 With the SEC - Precursor to IPO
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Coinbase - one of the most popular 'on ramps' for Bitcoin in the US - today announced that it has filed a draft form S-1 with the SEC, typically a precursor to an Initial Public Offering. A Coinbase IPO has been anticipated for some time.
With both bitcoin and US equity markets making all-time-highs, there could be significant excitement for Coinbase's IPO. As a recent example of exuberance for tech IPOs, AirBnB popped to more than double its IPO price on the first day of public trading last week.
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