{"id":17198,"date":"2021-04-02T19:05:10","date_gmt":"2021-04-02T19:05:10","guid":{"rendered":"http:\/\/ci027fa172a000247a"},"modified":"2021-04-02T19:05:10","modified_gmt":"2021-04-02T19:05:10","slug":"coinbase-receives-approval-for-public-listing","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/coinbase-receives-approval-for-public-listing","title":{"rendered":"Coinbase Receives Approval For Public Listing"},"content":{"rendered":"
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Coinbase Global Inc, one of the most significant Bitcoin exchanges in the world, has received approval <\/a>from the U.S. Securities and Exchange Commission (SEC) to go public on the Nasdaq stock market index through a direct listing, according to Reuters<\/em>. It\u2019s expected to start trading on April 14 under the ticker symbol \u201cCOIN\u201d<\/p>\n

Coinbase hitting public markets is a momenumantal move for the Bitcoin industry. As one of the longest-standing bitcoin exchanges in the United States, having launched in June 2012, Coinbase has 43 million verified users globally, and $90 billion worth of assets<\/a> custodied on the platform. Coinbase entering the public market is a new milestone for an industry that continues to grow and gain mainstream acceptance. <\/p>\n

Coinbase pre-IPO contracts<\/a>, trading on FTX under the ticker \u201cCBSE<\/a>,\u201d currently have the company valued at a market capitalization of $116.75 billion at the time of writing. This highlights the very bullish sentiment and high expectations for Coinbase from investors. For context, Goldman Sachs, a mainstay in the legacy financial system, is valued at a market capitalization of $112.35 billion<\/a> at the time of writing. <\/p>\n

Industry experts expect Coinbase to be the first domino, with many other industry leaders to follow shortly thereafter. <\/p>\n","protected":false},"excerpt":{"rendered":"

Coinbase has received regulatory approval for its planned direct listing and is expected to start trading on April 14.<\/p>\n","protected":false},"author":2539,"featured_media":17199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[85,190],"class_list":["post-17198","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin-magazine-pro","tag-coinbase"],"author_data":{"id":2539,"name":"Dylan Leclair","nicename":"dylan-leclair","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/dylanheadshot-edited-96x96.png"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/coinbase-has-to-litigate-lawsuit-over-bch-listing.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/17198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2539"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=17198"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/17198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/17199"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=17198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=17198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=17198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}