Cryptocurrency exchange Coinbase files with regulators to go public


Coinbase's announcement comes as Bitcoin hit a record high on Thursday, just a day after passing the $20,000 milestone for the first time, amid surging interest from larger investors. Bitcoin extended gains to break US$23,000 for the first time at $23,139.

NEW YORK: Coinbase Inc said on Thursday it had confidentially applied with the U.S. Securities and Exchange Commission to go public in a move that would make it the first major U.S. cryptocurrency exchange to list on the stock market.

Coinbase's announcement comes as Bitcoin hit a record high on Thursday, just a day after passing the $20,000 milestone for the first time, amid surging interest from larger investors.

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