Coinbase set to go public in direct listing April 14


Coinbase Global Inc. plans to go public in a highly anticipated direct listing on April 14, the U.S.’s largest cryptocurrency exchange said Thursday.

Coinbase
COIN,
+3.70%
,
founded in 2012, provides a range of services for institutional and retail clients in the crypto markets. It has grown to a company with about 1,200 employees and 43 million customers in more than 100 countries. In 2020, it brought in $1.3 billion in revenue and turned a profit of $322 million.



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