A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday.

Coinbase
COIN,
+3.70%
plans to list on the Nasdaq Inc. exchange
NDAQ,
-1.18%
under the ticker symbol “COIN,” with the aim of employing a nontraditional direct listing to take itself public. This method means it won’t raise any new money, similar to approaches used by Palantir Technologies
PLTR,
-9.21%,
Slack Technologies
WORK,
-1.30%
and Spotify Technology
SPOT,
-9.45%
in recent years.

Here’s what to know about the popular trading platform ahead of its public offering.

What is Coinbase?

The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.

There are two class of Coinbase shares….

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Source: http://www.marketwatch.com/news/story.asp?guid=%7B21005575-02D4-D4B5-4572-D2BD01A33A36%7D&siteid=rss&rss=1