Coinbase CEO Armstrong’s Net Worth Is Between $7B and $15B: Report
The Coinbase CEO is among the world’s 500 richest people, according to Bloomberg.
The millennial-friendly investments platform will seek a listing on Nasdaq, according to Bloomberg.
No reason was given for the delay, but Bloomberg noted the SEC has been reviewing the exchange's plan for a direct listing.
Telegram is closing the page of its $1.7 billion token sale and paying back its last debts to the token buyers. The company just raised more funding via bonds and planning an IPO.
Competitors Coinbase and eToro are already barreling toward multi-billion dollar listings on the public markets.
Coinbase's IPO introduces a new set of stake holders in Ethereum's governance community.