According to the document, the digital currency exchange's 2020 revenue was 1.27 billion dollars, while net income stood at 322 million dollars. Operating expenses were at 869 million dollars.
The digital currency exchange said it plans to list its shares on Nasdaq under the ticker "COIN." The cryptocurrency exchange company, which was founded in 2012, filed preliminary documentation with the SEC on December 17.
"We believe a direct listing more closely follows the ethos of crypto and Coinbase because it democratizes access and opportunities for all investors," CFO Alesia Haas stated in the memo sent to employees.