Quote from Ndubuisi Ekekwe on February 25, 2021, 7:05 PM

Coinbase going public: Cryptocurrency exchange Coinbase files to go public.

Digital currency exchange Coinbase has officially filed to go public, riding a wave of bitcoin enthusiasm that has sent the cryptocurrency markets soaring.

Founded in 2012, Coinbase helps users buy, sell, and store cryptocurrencies such as bitcoin and ethereum. The digital brokerage, which competes with Coinmama, CEX.IO and Gemini, announced plans to go public in December.

The company said it plans to list its shares on the Nasdaq exchange under the ticker symbol "COIN." More than 43 million investors in more than 100 countries use Coinbase, accounting for $455 billion in trades and $90 billion in assets on the platform, according to the company's website.