Barry Silbert, Coinbase, Coinbase IPO Futures, Finance, financial institution, ftx, FTX Exchange, Goldman Sachs, initial public offering, IPO, Meghan Morris, Messari.io, Mira Christanto, Pre-IPO Futures, Sam Bankman-Fried, San Francisco Exchange, The SEC, US SEC, Zack Voell

Following the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform FTX is rumored to be launching a Coinbase futures market before the public listing.

  • Two days ago, on December 17, 2020, Coinbase announced filing registration papers with the U.S. Securities and Exchange Commission (SEC). “The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions,†the San Francisco exchange detailed.
  • Recent analysis from messari.io analyst Mira Christanto details that the company recently changed members of the board and included former Cisco CFO Kelly Kramer, Google veteran Gokul Rajaram, and venture capitalist Marc Andreessen. Christanto says that the final preparations of the IPO “could see the company valued at $28 billion.â€
  • Business Insider’s financial columnist Meghan Morris has revealed that Coinbase will leverage the financial institution Goldman Sachs to lead the IPO. The Goldman Sachs deal was allegedly confirmed by two industry sources, but the San Francisco exchange has yet to confirm the choice.
  • Digital Currency Group’s founder Barry Silbert was pleased with the Coinbase filing announcement and tweeted about the registration on Thursday. “Thanks to the Coinbase IPO, the acquisition price of a bunch of crypto companies is about to go way way higher,†Silbert tweeted to his 242,000 social media followers.
  • According to a report published by Coindesk, FTX CEO Sam Bankman-Fried told the reporter that the team is planning to launch Coinbase IPO futures if the Form S-1 is greenlighted by U.S. regulators.

  • FTX has already launched a pre-IPO futures market for Airbnb and has also created Trump and Biden presidential election futures as well. Bankman-Fried told the reporter Zack Voell that the pre-IPO Coinbase futures launch could be “very soon†or “could also never happen.â€
  • The exchange Coinbase launched in 2012 and is one of the most popular digital asset providers worldwide. In 2017, Coinbase achieved unicorn status and in 2018 the company was valued at $8 billion.

What do you think about the Coinbase initial public offering (IPO) and Goldman Sachs leading the IPO? What do you think about the FTX pre-IPO futures? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%

The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-ETPs as well as an increased understanding of the crypto economy,†said Coinbase. Coinbase Sees Interest From Institutional Investors Skyrocketing Cryptocurrency exchange Coinbase (Nasdaq: COIN) reportedly […]

Xem chi tiết: Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%

Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K

Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely†headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop to the $20K zone if there’s more pullback in the cards. Bloomberg Commodity Strategist Suggests […]

Xem chi tiết: Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K

Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan […]

Xem chi tiết: Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

Solana Aims to Raise $450 Million to Battle Ethereum Supremacy

Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem. Solana to Raise $450 Million […]

Xem chi tiết: Solana Aims to Raise $450 Million to Battle Ethereum Supremacy

Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan […]

Xem chi tiết: Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment

Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they see bitcoin as their least favorite investment. In contrast, the latest Bank of America Fund Manager Survey found that “long bitcoin†was the most crowded trade. CIOs Reveal Their Most and Least Favorite Investments […]

Xem chi tiết: Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their development for too long. Government Official Cautions Against Impeding Crypto Development Over the past few years, Tehran has […]

Xem chi tiết: Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

FTX Lands Naming Deal With Esports Giant TSM for $210 Million

On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.†Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal […]

Xem chi tiết: FTX Lands Naming Deal With Esports Giant TSM for $210 Million

Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery

Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery

Coinbase Pro Dogecoin Deposits Now Open — Trading Begins on June 3

More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract

Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

USDC Attestations Run Late, Raising Alarms in the Crypto Community

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX