The move comes as Coinbase moves ahead with its attempt to launch an initial public offering (IPO) and sell shares in the company—becoming the first firm in the cryptocurrency industry to go public the traditional way.
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Coinbase takes historic step towards stock market listing
The cryptocurrency giant announced that it has filed documents that could lead to the cryptocurrency industry’s first initial public offering
The terse IPO announcement came a day after the appointment of two new board members, including Cisco executive vice president and CFO Kelly Kramer, who will head up the Coinbase board’s Audit and Compliance Committee.
