Coinbase has officially declared that it will go public via a direct listing. The exchange made the announcement via a blog post published on April 2. The listing will take place on NASDAQ under the ticker “COIN” on April 14.
Coinbase submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) a few weeks prior. The regulatory body has now declared it effective on April 1. The exchange says that it anticipates it will be listed as a Class A stock, which usually means it has more benefits when it comes to voting rights, dividends, and other aspects.
