Could Look at an IPO as Early as This Year: Report

The exchange is looking at a listing after reaching a valuation of $14 billion last month.

AccessTimeIconApr 19, 2022 at 6:49 a.m. UTC
Updated May 11, 2023 at 4:07 p.m. UTC

Cryptocurrency exchange is interviewing banks for an initial public offering (IPO), which could take place as early as this year, Bloomberg reported on Tuesday.

  • The IPO might not happen till 2023 and its plans could still change, the report said, citing people familiar with the matter.
  • is one of the biggest crypto exchanges in the world and reached a valuation of $14 billion in a Series D round last month. The Series D round was led by Lightspeed Venture Partners, with "major participation" from Baillie Gifford.
  • The exchange has recently closed a few deals. It acquired Altonomy’s over-the-counter (OTC) trading desk and was also picked by the Dallas Cowboys, a prominent team of the National Football League (NFL), as the team’s first crypto-related sponsorship.
  • Earlier this month, launched an asset management service aimed at institutional and high net worth investors, in partnership with Altis Partners.
  • did not immediately respond to a request for comment.

UPDATE (April 19, 07:10 UTC) : Adds details about's latest ventures and deals in the third and fourth bullet.


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Parikshit Mishra

Parikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.

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