Coinbase Global, the largest U.S. cryptocurrency exchange, will make its trading debut through a direct listing on the Nasdaq on April 14, according to a report.
The direct listing had been pushed back from March, sources told Bloomberg. As usual, a reference price will be made available the night before the shares are to begin trading.
While April 14 is the target date, the timing and other details for the listing could change.
In an amended S-1 filing with the Securities and Exchange Commission last month, Coinbase said that it planned to sell 114.9 million shares in its direct listing. Read more…..
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If you sold, mined, or traded cryptocurrencies in 2020, then this episode is for you! Tom Wheelwright, Rich Dad Advisor on Taxes, warns listeners as they prepare for filing taxes this year, “Anytime you use or trade your virtual currency, that’s a taxable event.”
