Coinbase is taking another step on the road to listing

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The cryptocurrency exchange Coinbase has submitted the official version of its so-called S1 form to the American SEC and announced that it has taken a big step on the way to making this ambition a reality.

This is how an S1 form works

In a press release published on Thursday, Coinbase writes that they have submitted a so-called S1 form to the SEC.
The S1 form is the prospectus with information about the business plan, capital and plans for the share itself that companies must submit in order to be listed on the US stock exchange.

43 million registered users

Coinbase has not yet made the document itself public, and the press release published on Thursday does not contain any new information on when the company's share can start trading on the New York Stock Exchange.
The crypto exchange recently announced that it has 43 million registered users who, together with the company's own reserves, have a total capital of the equivalent of approximately $90 billion.

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