{"id":136772,"date":"2020-12-18T20:35:53","date_gmt":"2020-12-18T17:35:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/coinbase-reportedly-taps-goldman-sachs-for-ipo\/"},"modified":"2020-12-18T20:35:53","modified_gmt":"2020-12-18T17:35:53","slug":"coinbase-reportedly-taps-goldman-sachs-for-ipo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/coinbase-reportedly-taps-goldman-sachs-for-ipo\/","title":{"rendered":"# Coinbase reportedly taps Goldman Sachs for IPO"},"content":{"rendered":"<p>&#8220;<strong># Coinbase reportedly taps Goldman Sachs for IPO  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvNDgwZWU2ODQtNThiNC00NzMyLTg0MDgtOGFiYjZhYzg5YjAyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Digital currency exchange Coinbase has reportedly <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roached Goldman Sachs to lead its upcoming initial public offering \u2014 a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience.\u00a0<\/p>\n<p>Citing two sources familiar with the matter, Business Insider <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.businessinsider.com\/coinbase-taps-goldman-sachs-upcoming-ipo-crytpo-exchange-bitcoin-2020-12\">reported<\/a> Friday that Coinbase is looking to Goldman Sachs to handle its public filing. No additional details were provided. <\/p>\n<p>Coinbase has been linked to Goldman Sachs through Fred Ehrsam, the exchange\u2019s co-founder who previously worked at the bank as a trader. Business Insider reports that Ehrsam worked at Goldman between 2010 and 2012 before establishing Coinbase with current CEO Brian Armstrong. <\/p>\n<p>Ehrsam left the exchange in 2017 but maintains a board position. <\/p>\n<p>The report surfaced a day after Coinbase confirmed its intent to go public in a draft registration sent to the Securities and Exchange Commission, or SEC. Based on its latest valuation in 2018, Coinbase was worth $8 billion. Crypto analytics company Messari says Coinbase could be worth $28 billion after its public offering.<\/p>\n<p>Coinbase is the preferred exchange of many newcomers to the digital currency space. The platform has also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nasdaq.com\/articles\/coinbase-has-raked-in-%2414b-in-new-institutional-assets-since-april-2020-11-21\">raked in<\/a> billions of dollars in institutional capital since the spring, which broadly coincides with the arrival of so-called smart money. <\/p>\n<p>Institutional investors have likely been the primary catalyst behind Bitcoin\u2019s (BTC) record-breaking rally thus far. The flagship cryptocurrency catapulted toward $24,000 on Thursday en route to new highs. <\/p>\n<p><em>This story is still in development. <\/em><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/coinbase-reportedly-taps-goldman-sachs-for-ipo\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Coinbase reportedly taps Goldman Sachs for IPO &#8221; Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering \u2014 a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience.\u00a0 Citing two sources familiar with the matter, Business Insider reported Friday that Coinbase is looking&#8230;<\/p>\n","protected":false},"author":1,"featured_media":136773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/480ee684-58b4-4732-8408-8abb6ac89b02.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74957,74956,117,70790,5007],"class_list":["post-136772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-brian-armstrong","tag-coinbase","tag-business","tag-goldman-sachs","tag-ipo"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/136772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=136772"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/136772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/136773"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=136772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=136772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=136772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}