Coinbase, the US crypto exchange that has become a household name in the crypto space, is set to make its stock market debut on Wednesday 14 April via a direct listing. We look at what this means for UK investors, including whether you can buy shares in Coinbase.
What is Coinbase?
Coinbase is a leading cryptocurrency exchange that enables people to trade digital assets like Bitcoin.
The company was founded in 2012 by Brian Armstrong and Fred Ehrsam. It currently has over 56 million verified customers from 32 countries, including the UK.
Coinbase has become a very popular exchange among fans of crypto because of its simplicity, which often makes it the first option for beginners. It’s also very secure.
Ahead of the share listing, the company’s value currently stands at $91.5 billion (£67 billion).
How is Coinbase going public?
Coinbase’s listing comes in the wake of a … Read more