CNBC’s Ryan NeuNer Hints at Coinbase IPO, Rumors Ensue

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CNBC’s Ryan NeuNer Hints at Coinbase IPO, Rumors Ensue
Coinbase, the leading crypto exchange in the United States, is likely to come with something new again. Ran Neuner, the most popular figure in the space of crypto-related news and the host of the show ‘CryptoTrader’ on CNBC, has claimed that the exchange is going to launch an Initial Public Offering (IPO).

Alfa-Bank and the Marco Polo Network join to Optimize Trade Finance with Blockchain technology
Thursday March 07, 2019

Alfa-Bank today announced that it joined the Marco Polo Network, the largest and fastest growing trade finance network leveraging Corda Blockchain technology. According to Dina Merkulova, Head of Trade Finance of Alfa-Bank, the merge is about to bring significant efficiencies in financing trade and working capital: “In line with our objective to offer to our

CNBC Cryptotrader exposes details of the Coinbase IPO raise tomorrow on a Cryptotrader exclusive. pic.twitter.com/YG4UOP3ju8
— Ran NeuNer (@cryptomanran) October 25, 2018

Bitcoin Price Jumps to $7,500 Proving the Only Way Is Up
Sunday May 12, 2019

Coinspeaker Bitcoin Price Jumps to $7,500 Proving the Only Way Is UpSunday began pretty frantically for Bitcoin which price rallied past $7,000, adding more than $28 billion to the crypto market.Even though Bitcoin, has been defying gravity this week following a serious security breach and theft at the world’s biggest cryptocurrency exchange, Binance, it kept

The original source of the news is unknown, but the announcement is great, as Coinbase is the biggest and the most popular name when it comes to the world of cryptocurrencies. The company is believed to be worth about $8 billion USD. According to the statistics revealed by Neuner, Coinbase now has 25 Million registered members, with 600,000 people trading every day on their platform.
The California-based crypto exchange had $90 million in revenue last quarter, with expectations to earn $450 million in the last quarter of 2018. 80% of Coinbase’s revenue comes from the consumer services, 15% comes via Coinbase’s rapidly expanding institutional arm, and the remaining 5% iss sourced from additional services.
Coinbase has gained a reputation of a trustworthy exchange. The exchange has reached some important milestones, that’s why IPO is possible and even necessary now. Neuner promised to reveal further details of the Coinbase’s IPO. However, some investors are quite sceptical of Neuner’s claim, among them is Larry Cermak, the president of Branick Consulting, Inc.

The fact that this tweet only got 35 retweets is a testament of people finally waking up to @cryptomanran being a fraud. If he had any credibility whatsoever, leaking Coinbase's financials and intention to IPO would go viral. Giving bad financial advice eventually catches up bro https://t.co/QHuyQpk9fu
— Larry Cermak (@lawmaster) October 25, 2018

Report: Canadian Blockchain Industry Has Some of The Highest Paid Workers in the Country
Friday October 04, 2019

The post Report: Canadian Blockchain Industry Has Some of The Highest Paid Workers in the Country written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics The Chamber of Digital Commerce Canada has released a comprehensive report, developed by the Don Tapscott’s Blockchain Research Institute found that the

Coinbase has not commented on IPO yet, but previous statements made by Coinbase President Asiff Hirji give some hints on possible taking the company public. In late 2017, he said:
“It is certainly in the interest of our investors…and the most obvious path of Coinbase is to go public at some point, but there’s a lot for us to do between now and then, whenever that date is.”
If the information is true, Coinbase’s IPO will be launched in the US. The IPO would have a significant impact on the cryptocurrency markets. Bringing a lot of mainstream attention to the exchange, the launch of IPO would also help the firm raise large amounts of funds for future projects.
Steps Towards Creating an Open Financial System for the World
Coinbase is on the news all the time. The exchange makes a lot of efforts to achieve its goal of creating an open financial system for the world. And for the time being, these efforts are successful.
This autumn, the company opened some new offices, implemented some changes to its listing policy and introduced new products. Recently, Coinbase developed a new automated security tool which is now available to the public through an open source code. By utilizing a combination of human code reviews and automated scans, the Salus secutity tool is able to run and manage different security scanners automatically.
On October 23, Coinbase Custody Trust Company LLC was approved by New York State Department of Financial Services (NYDFS) to operate as “a limited purpose trust company”, which is another milestone for the exchange. Now, as a qualified custodian, Coinbase will function similar to a bank.
CNBC’s Ryan NeuNer Hints at Coinbase IPO, Rumors Ensue