Fortune: Coinbase may issue Taiwan dollars

In his latest interview with BlockBeats, UnchainedJuly 10, Fortune senior correspondent Jeff Roberts says that in his trading platform with cryptocurrency & NBSP; When Fred Ehrsam, one of Coinbase's co-founders, spoke, he got a strong hint that Coinbase was likely to launch its own token alongside an IC0 issue. Roberts said he believes it will be the first ICO and IPO combination in the U.S. (Coinbase, however, has previously been reported to be likely to opt for a direct listing rather than an IPO, and it is unclear how the final listing will be conducted.)

The combination of an ipo and IC0 could pose some regulatory challenges for Coinbase, Mr. Roberts said. He said: "if they just made a common flotation process, that is a bit poor, but from the aspects of supervision, it is difficult. I mean, they'll sell tokens to qualified investors, and then selling common stock to the public? Or can they make the issue of approved by the securities and exchange commission some IC0...?"

To address such concerns, Fred Ehrsam, Coinbase's co-founder, also said the company was built "in spirit" to go public through some sort of token offering, and many employees would no doubt be frustrated if it were to attempt an ordinary Wall Street IPO. But any blockchain issuance, even a hybrid one, would be subject to SEC approval. Given the SEC's longstanding skepticism about cryptocurrencies, that could be a tough task. "But this is not the first time Elsam has made such a statement, as it was reported in May last year that he had met repeatedly with the CEO of jpmorgan chase and seemed to be in talks to go public. He also mentioned at the time that he wanted Coinbase to launch a blockchain IPO.

As previously reported by Rhythm, Coinbase has started preparations for an ipo, which could happen as early as this year. Coinbase will use a direct listing rather than an IPO, according to people familiar with the matter. (Legal Action notes: a direct listing is an alternative to an initial public offering, in which a company does not have to work with an investment bank to underwrite the issue.) If successful, Coinbase would be the first encrypted trading platform to go public in the US. & have spent

The original video address: https://www.youtube.com/watch? V = n13XwU85vr8 & amp; Feature = youtu. Be

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