Coinbase IPO - statistics & facts
Dubbed as a potential "blockbuster IPO" or even "the IPO of the year", the public listing of U.S. cryptocurrency platform Coinbase Global on the Nasdaq comes at a time when digital currencies are increasingly finding mainstream audience. Coinbase's user base reflects this development too: The number of verified users on the platform increased to 43 million in Q4 2020. The Delaware based company is especially popular in its native United States, with U.S. daily active users (DAU) of the Coinbase smartphone app averaging 600,000 in early 2021. The client base extends beyond the U.S., though: Most respondents in the United Kingdom cited Coinbase as their preferred cryptocurrency trading platform. But what is it that Coinbase does exactly, and where does the company鈥檚 money come from?
