Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Coinbase, the largest US cryptocurrency company, is preparing for IPO

    Coinbase, the largest US cryptocurrency company, is preparing for IPO

    0
    By BlockchainJournal on October 26, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Ren Cry Nuner, host of Crypto Trader on CNBC Africa, on his October 25 tweet states that Coinbase , the exchange and cryptocurrency wallet operator, is about to announce an IPO.

    Neuer states that the details of Coinbase’s IPO will be revealed on October 26 in a live broadcast of its Crypto Trader show.

    The moderator also presented data on the number of Coinbase accounts and company revenues. His infographics shows that the number of Coinbase users has reached 25 million and that there are about 600,000 active traders on the platform.

    According to Newner, a cryptocurrency exchange from California in the last quarter received income of $ 90 million and plans to earn $ 450 million in the fourth quarter of 2018. 80% of revenue accounted for ordinary users, 15% – for institutional investors, and the origin of the remaining 5% was not disclosed.

    Coinbase President Asif Hirji first hinted at an IPO at the end of 2017. Asked about the possibility of turning the company into a public one, he said:

    This is certainly in the interests of our investors. The most obvious way for Coinbase is to become a public company at some point, although there is still a lot to do.

    In September, Coinbase CEO Brian Armstrong spoke in the same vein.

    In early October, the Recode technology edition, citing unnamed sources, estimated Coinbase at $ 8 billion. The publication also stated that the company was in talks with Tiger Global about an investment of up to $ 500 million.


    California CoinBase Featured Investment
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Hyperliquid’s USDH stablecoin call sparks fairness and governance debate

    September 5, 20253 Mins Read

    SharpLink to explore staking part of its $3.6 billion ETH treasury on Linea

    September 5, 20253 Mins Read

    Strategy Inc.’s path to the S&P 500 faces committee discretion, extreme volatility, and Bitcoin-dependent results

    September 5, 20253 Mins Read

    Coinbase accelerates toward a majority of AI-generated code amid a global trend

    September 5, 20253 Mins Read

    World Liberty Financial Blocks Justin Sun’s Wallet Amid WLFI Controversy

    September 5, 20253 Mins Read

    SEC bets on a pro-crypto agenda with a series of rulemakings on digital assets

    September 5, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.