According to reports, coinbase, a digital currency exchange, is about to become a listed company. At present, investors have rekindled their interest in cryptocurrency, pushing the price of bitcoin to an all-time high.
On Thursday, the company announced that it had submitted a draft registration document for form S-1 to the U.S. stock exchange. The form is expected to take effect after the SEC completes its review process.
Headquartered in California and founded in 2012, coinbase has always been the preferred place for investors to buy and sell virtual cryptocurrency. At present, coinbase has developed into the largest digital currency trading platform in the United States.
The IPO filing came at a time when bitcoin prices soared. The price of bitcoin, the most famous cryptocurrency, rose more than 12% on Thursday, and the price of a single bitcoin exceeded $23000 for the first time in history, according to coin metrics, a cryptocurrency market data provider. Just a day ago, bitcoin broke the $20000 mark for the first time.
Bitcoin is up more than 200% this year, after Thursday’s price surge. Recently, bitcoin has attracted the attention of many investors again. Paul Tudor Jones and Stanley Druckenmiller and others have been the cryptocurrency platform. Big financial companies such as PayPal and fidelity are also taking action in this area.