Coinbase, America’s most traded cryptocurrency exchange, said it had filed an IPO application with the SEC, with the latest valuation of about $8bn.
Coinbase was founded in 2012 and has more than 35 million users. Coinbase is the largest cryptocurrency trading platform in the United States by volume and one of the largest cryptocurrency trading platforms in the world.
The day before Coinbase submitted its application, Bitcoin (Bitcoin) broke through the 20,000 yuan (USD) mark for the first time in its 12-year history, and yesterday (December 17) passed the 21,000, 22,000, and 23,000 yuan mark, up 20% in the day.
According to Coinbase, the latest report was 23,054 yuan, up 6 percent, from a high of 23,776 yuan.