The company will use a direct listing to offer its shares instead of a traditional initial public offering.
According to the filing, Coinbase had net revenue of $1.14 billion in 2020, up from $483 million the previous year. The company also reported net income of $322 million for the year after posting a loss in 2019. The company said it has 43 million verified users as of the end of 2020, with 2.8 million making monthly transactions. Trading in bitcoin and ethereum made up 56% of users' trading volume, Coinbase said.instead of a traditional initial public offering.
LesliePicker Coinbase owes me $296.16 and won't pay.
LesliePicker Crappy time to file with crypto crashing.
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