Coinbase picks Goldman Sachs to lead listing plans -source
(Reuters) – Cryptocurrency alternate Coinbase Inc has employed Goldman Sachs Group Inc to lead preparations for its deliberate stock market listing, a person acquainted with the matter said on Friday.
San Francisco-based Coinbase had said on Thursday it had confidentially utilized with the U.S. Securities and Exchange Commission to go public. It may very well be the first predominant U.S. crypto alternate to document on the stock market.
Coinbase did not immediately reply to a request for comment.
Reuters reported in July that Coinbase had started plans for a stock-market listing and was exploring going public by means of a direct listing in its place of a regular preliminary public offering (IPO).
Coinbase has not specified publicly whether or not or not it ought to pursue an IPO or a direct listing.
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