Coinbase to float about 114.9 million shares in U.S. listing

(Reuters) – Coinbase said on Wednesday it had registered about 114.9 million shares for its direct listing on the Nasdaq, setting the U.S. cryptocurrency exchange up for the highest-profile listing from a firm primarily focused on digital currency. Coinbase Global Inc, among the most well-known cryptocurrency platforms globally, said in December it had confidentially applied with the U.S. Securities and Exchange Commission to go public. A successful listing by Coinbase would represent a landmark victory for cryptocurrency advocates, vying for mainstream endorsement for a sector which has strug…

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