Coinbase Global Inc. announced on Thursday it has submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission, Coinbase announces. The filing allows Coinbase to complete a public offering once the SEC completes the review process. 

  • Coinbase’s filing of Form S-1 is its first step towards going public.
  • Reports that Coinbase was eyeing a public offering started in summer, and the initial move could come as early as this year.  

Coinbase is a platform that makes it easy to buy, sell, and store cryptocurrencies. BTCUSD is up 0.96%.