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 decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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