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Coinbase S-1 Summary

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Coinbase (“COIN”) is currently working with the GS to list directly on the Nasdaq. Rumors speculate that the listing will be between April/June as COIN works through outstanding items with the SEC. For FY2020, COIN reported ~$1.3B in revenue (139% YoY) and EBITDA of ~$527mm (41% margin). Most recently, COIN shares traded on Nasdaq private …

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