Cryptocurrency exchange Coinbase readies stock market listing-sources – ZAWYA

Cryptocurrency exchange Coinbase readies stock market listing-sources – ZAWYA

Cryptocurrency exchange Coinbase readies stock market listing-sources | ZAWYA MENA Edition HomeMarketsEquitiesArticleCryptocurrency exchange Coinbase readies stock market listing-sources The listing would need the U.S. Securities and Exchange Commission's (SEC) blessing    Image used for illustrative purpse. Conceptual illustration representing the bitcoin cryptocurrency. Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter.The listing would need the U.S. Securities and Exchange Commission's (SEC) blessing. Were the watchdog to greenlight it, it would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement.Coinbase could pursue the listing later this year or early next year, the sources said, cautioning that the plans are still subject to change. The company has not yet registered its intention to go public with the SEC, but has been in talks to hire investment banks and law firms, the sources added.The listing would need the U.S. Securities and Exchange Commission's (SEC) blessing. Were the watchdog to greenlight it, it would represent a landmark victory for cryptocurrency advocates vying for mainstream endorsement.Coinbase Inc has started plans for a stock market listing