Cryptocurrency brokerage Coinbase said Thursday it has filed a registration statement with the Securities and Exchange Commission, which will pave the way for a final initial public offering scheme.
This advertising has increased during the coronavirus epidemic as interest in bitcoin and other cryptocurrencies. As the US dollar weakens, investors find such currencies attractive.
Bitcoin has been breaking its own price record and recently surpassed the symbolic $ 20,000-a-coin milestone. According to data provider Refinitive, it has continued to climb higher since then, and last traded an embarrassing 23,000.
Synbase was launched in 2012, according to its website, and “more than 35 million people from more than 100 countries trust Synbase to buy, sell, store, use and acquire cryptocurrencies.” The company indicates that it has more than 25 25 billion in assets on its platform and more than 20 320 billion in total volume trading.
Sikkabase declined to comment further.
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