Coinbase allows users to buy and sell cryptocurrency.
The FinTech filed a draft document to list publicly last month.
No new shares will be created.
As a private company, Coinbase has raised over $540mn. In selling its existing shares when it goes public, Coinbase could see some more success given the popularity of cryptocurrency at the moment.
The collaboration will introduce a new banking as a service offering
This investment aims to enhance LoopFX’s technology and expand its market presence
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Written By: Lockton
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