Coinbase files to go public via direct NASDAQ listing

February 25, 2021 7:39 AM EST

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Coinbase files to go public via direct NASDAQ listing. To company plans to list under the symbol 'COIN'.

The cryptocurrency giant said it has $90 billion of assets on its platform. The platform enables approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries to participate in the cryptoeconomy.

For the years ended December 31, 2020 and December 31, 2019, the company generated total revenue of $1.3 billion and $533.7 million, respectively, net income (loss) of $322.3 million and $(30.4) million, respectively, and Adjusted EBITDA of $527.4 million and $24.3 million, respectively.

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