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Coinbase to Become Publicly Traded, Announces Proposed Direct Listing of Shares
Coinbase announced last month it had confidentially submitted a draft registration statement with the SEC.
Updated Sep 14, 2021, 11:02 a.m. Published Jan 28, 2021, 7:25 p.m.
Leading cryptocurrency exchange Coinbase Global said it intends to become a publicly traded company pursuant to a proposed direct listing of its Class A common stock.
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- On Dec. 17, 2020, Coinbase announced it had confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission.
- The S-1 is not yet publicly available. The firm's announcement Thursday included no details as to when the stock would be listed or under which ticker.
- Coinbase recently announced it had $90 billion in assets on platform at the close of 2020 and 43 million registered users.
- By comparison, there are roughly 13 million users on Robinhood, the fintech app embroiled in controversy after abruptly halting trading of GameStop (GME) and other meme stocks.
Read more: Coinbase, With Bitcoin Soaring, Files in Preparation for Landmark Public Offering
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
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- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Bitcoin dips, but quickly recovers as U.S. captures Venezuela's Maduro
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