{"id":35554,"date":"2021-01-29T09:57:17","date_gmt":"2021-01-29T07:57:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35554"},"modified":"2025-08-29T01:51:08","modified_gmt":"2025-08-28T22:51:08","slug":"coinbase-to-go-public-via-direct-listing-of-class-a-shares","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-to-go-public-via-direct-listing-of-class-a-shares\/","title":{"rendered":"Coinbase to go public via direct listing of Class A shares"},"content":{"rendered":"<p>The largest American cryptocurrency exchange Coinbase will enter the public markets via a direct listing, according to a <a href=\"https:\/\/blog.coinbase.com\/coinbase-announces-proposed-direct-listing-3a52c4298ccc\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">\u0441\u043e\u043e\u0431\u0449\u0435\u043d\u0438\u0438<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>In December 2020 the platform filed with the United States Securities and Exchange Commission (SEC) a <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-files-for-ipo\">application for an initial public offering<\/a> (IPO) on Form S-1.<\/p>\n<p>On January 28, 2021, Coinbase representatives clarified that the company would become public via [simple_tooltip content=\u2019the process of going public in which no new shares are sold, but existing shares held by shareholders are\u2019]direct listing[\/simple_tooltip] of Class A ordinary shares.<\/p>\n<blockquote>\n<p>\u201cThe Form S-1 will become effective after the SEC review process is completed, taking into account market and other conditions,\u201d the company noted.<\/p>\n<\/blockquote>\n<p>Rumours about Coinbase\u2019s IPO preparations emerged in October 2018. The exchange was valued at $8 million then, but Chief Operating Officer and President Asiff Hirji ruled out this matter as a top priority.<\/p>\n<p>In July 2020, Reuters, citing sources, reported that the company was preparing for a stock offering on the market.<\/p>\n<p>As reported in December, analysts valued Coinbase&#8217;s potential market capitalization after it gained public status <a href=\"https:\/\/u1f987.com\/en\/news\/messari-puts-coinbase-valuation-at-28-billion\">at $28 billion<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The largest American cryptocurrency exchange Coinbase will enter the public markets via a direct listing, according to a statement.<\/p>\n","protected":false},"author":1,"featured_media":35555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,1211],"class_list":["post-35554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35554"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35554\/revisions"}],"predecessor-version":[{"id":35556,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35554\/revisions\/35556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35555"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}