Yes, you read that title correctly. Coinbase plans on going public at some point in the near future.
In an interview on CNBC by the COO and President Asiff Hirji, he claimed that the most obvious path for Coinbase going forward would be for it to go public at some point.
His exact quote can be seen here:
"The most obvious path for Coinbase is for us to go public at some point."
adding...
"going public is certainly in the interest of our investors."
Of course it is!
It's the next easiest way to become super wealthy, I mean besides starting your own coin and launching an ICO.
Who is Asiff Hirji?
Asiff Hirji has only been the company's COO and President since December 1st and this was his first interview since taking the position.
Before Coinbase Hirji worked as the President and COO of TD Ameritrade.
How's that for experience?
It's currently difficult to estimate exactly how much Coinbase is worth, but most estimates put it somewhere north of $1.6 billion.
Though, it probably would sell for many multiples of that considering how much growth it has experienced as of late.
On more than one occasion Coinbase has added over 300k accounts in a single day.
Coinbase currently has more than 13 million users, which is a far cry from the less than 5 million users they had to start they year.
Coinbase will be adding support for more coins in the near future.
The first coin he plans to add is Steem!
Just kidding, he did not say which coins he would be adding, but it probably won't be steem, at least not any time soon.
It is not clear exactly what coins will be added, but Hirji went on to say that people could look at the types of coins they have currently and look at the types of coins that exist out there currently that aren't on the platform yet, and get an idea which ones might be good candidates for Coinbase to add.
Oh well, I'll keep crossing my fingers that one of the is steem at some point.
Maybe if we spam them with enough emails and phone calls to add steem it will get on their radar?
Stay informed my friends.
Sources:
Image Sources:
https://www.coinbase.com/dashboard
