Coinbase, one of the most well-known and used cryptocurrency exchanges, is rumored to be considering an initial public offering (IPO). This would be a huge move for the company and the crypto industry as a whole, as Coinbase is one of the most visible faces of crypto. But what would an IPO mean for Coinbase, and what would it mean for investors?

An IPO would allow Coinbase to raise significant capital, which it could then use to expand its business. The company is already one of the largest cryptocurrency exchanges in the world, but it could use more funding to grow even further.

And with more funding, Coinbase could also start offering more services beyond just buying and selling cryptocurrencies. For example, it could start offering custodial services for institutional investors, or develop new products like a cryptocurrency-based debit card.

An IPO would also give Coinbase more legitimacy in the eyes of both institutional investors and regulators. Until now, most big investors have stayed away from cryptocurrencies because they’re seen as too risky.

But if a well-established company like Coinbase goes public, that could change. And as more institutional investors get involved in crypto, that could lead to more mainstream adoption.

Finally, an IPO would also make it easier for employees and early investors to cash out their holdings. Right now, many people who work at Coinbase are paid in cryptocurrency, which can be difficult to convert into fiat currency (i.e.

dollars). An IPO would give them a way to sell their shares for cash.

Of course, there are also risks associated with an IPO. For one thing, it’s possible that the price of Coinbase’s stock could drop after it goes public. That’s happened with other companies that have done IPOs in the past.

There’s also the risk that regulators could crack down on cryptocurrencies after Coinbase goes public. That could hurt the company’s business and send the price of its stock tumbling.

So what will Coinbase IPO at? It’s impossible to say for sure until the company files its paperwork with the SEC. But based on its current valuation, it seems likely that Coinbase could be valued at around $20 billion when it goes public.

That would make it one of the largest IPOs in recent years. And while there are risks associated with an IPO, it seems like a move that could pay off big time for both Coinbase and investors in the long run.