Coinbase Plans to Go Public Through an IPO

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The largest cryptocurrency exchange in the U.S. is going public. Coinbase, which allows investors to buy and sell various digital currencies such as bitcoin, has filed a draft registration statement for an initial public offering with the Securities and Exchange Commission, the company announced today on its blog.

Coinbase will be the largest company focused on cryptocurrencies to ever go public, and will be a good test for others looking to follow suit.

Image source: Getty Images.

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