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San Francisco (dpa) - The largest US trading platform for crypto currencies such as Bitcoin, Coinbase, is preparing an IPO.

The San Francisco-based company announced that it has filed a filing with the US Securities and Exchange Commission.

This has set the course for the first premiere of a large Bitcoin exchange on the public capital market.

When exactly this should happen and how much money Coinbase wants to raise is still unclear.

According to the tech blog “techcrunch”, the company, which was founded in 2012, was valued by investors at around eight billion dollars in its last financing round.

The course of the largest and oldest cryptocurrency Bitcoin broke the $ 20,000 mark for the first time the day before.

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Coinbase announcement