Dec 17, 2020 - Economy

Coinbase files confidentially for a public listing

Animated illustration of a hand holding a rotating glowing golden pixel coin.

Illustration: Aïda Amer/Axios

Cryptocurrency-focused company Coinbase announced Thursday it has filed confidentially with regulators to go public. It does not specify whether it plans an initial public offering or other listing route.

Why it matters: Coinbase is among the best-known companies in the industry and a long-rumored candidate for a public listing. Bitcoin's price hit a new record on Thursday, surging above $23,000.

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