Kraken Might Choose IPO Instead of Direct Listing Following Coinbase’s Shaky Debut, CEO Explains
Instead of mimicking Coinbase and going public through a direct listing, Kraken could choose the more traditional IPO method, explained
Coinbase News and Updates
Coinbase is one of the veteran cryptocurrency exchanges. It was founded in June 2012 and since then allows its users to transact between FIAT and digital currencies. The company is based in San Francisco, USA.
Coinbase was established by Fred Ehrsam and Brian Armstrong, who’s also the current CEO. It has grown substantially since its launch, and it is currently the leading regulated US-based cryptocurrency exchange.
Apart from providing a platform for individuals, Coinbase also offers a solution for institutional investors. It’s called Coinbase Prime. The Prime platform offers more robust and complex trading tools, geared toward larger investors.
Besides, the company launched in 2018 a custody service, which provides its clients with an institutional-grade offline storage solution. It is also regulated by the New York Department of Financial Services (NYDFS) and operates as an independently capitalized entity.
It’s safe to say that Coinbase is working towards the establishment of an entire ecosystem where traders can purchase, store, and sell cryptocurrencies in a secure and regulated manner.
Recent Coinbase News
Kraken Launches Cryptocurrency Mobile App in the US Citing High Consumer Demand
Kraken's mobile application will be available to US-based users as well, while Coinbase integrated its Coinbase Card with Apple Pay
Dogecoin Spikes After Being Listed on Coinbase Pro
After years of silence, Coinbase has finally added support for Dogecoin. The coin will be able for trading in three
Goldman Sachs Predicts a 35% Increase for Coinbase’s Shares (COIN) By 2021’s End
Coinbase's stock, which is down by 25% in the past few weeks, could reverse trajectory and exceed $300 by this
$750 Million in Bitcoin Withdrawn From Exchanges After the Bloodbath to $30,000
The aftermath of the crash: BTC/USD spot volume and Coinbase Premium reached new ATHs as large investors withdrew $750 million
Coinbase Announces Its Intention to Raise $1.25 Billion. Will It Mirror MicroStrategy?
Coinbase wants to raise another $1.25 Billion after its direct listing. It didn't say whether it wants to buy Bitcoin,
Coinbase Reports Record Revenue and Says It Will List Dogecoin in 6 Weeks
Coinbase and Dogecoin are having a great year, and now the exchange is listing the meme coin after its skyrocketing
First Spot: Coinbase’s App Surpassed TikTok, Instagram, and Facebook on iOS in the US
The mobile app of the giant US exchange Coinbase has become the most popular free application in the US on
Institutional Investors Are Behind Ethereum’s Surge Above $4,000: Analyst
Although numerous factors are going in Ethereum's way, the latest surge above $4,000 could be largely attributed to institutional investors,
Institutions Bought Another $620M Worth of Bitcoin as Miners Refuse to Sell: Analysis
Institutional investors have bought another $620M worth of bitcoin, while miners refuse to sell their coins - is the asset