The show’s host Crypto Trader CNBC Africa and cryptocurrency businessman Ren Neuner (Neuner Ran) stated that big crypto currency exchange Coinbase is ready to announce the first public offering of shares (IPO). About the presenter wrote on Twitter.

According to Neuner, the details of stock exchange representatives will tell you in today’s edition of the show Crypto Trader. The host has attached to the tweet statistics on incomes and their sources Coinbase and the number of accounts registered on the platform. According to this infographic, the number of users of the exchange has exceeded 25 million, and 600 thousand of them are actively traded monthly on the site.

In addition, Neuner has disclosed information about the profit of the exchange for the second quarter of 2018 — it was $90 million, of which 80% was brought by the users of the platform, 15% for institutional investors and 5% were marked “other”.

Recall that for the first time about a possible IPO, said the end of 2017 President Coinbase Asif, Hirji (Asiff Hirji) in an interview with CNBC.

“It certainly is interesting to our investors… and the most obvious step for Coinbase sooner or later become a public offering. But we have a lot to do before that time comes,” he said then, Hirji.

In early October the American edition Recode published information from two anonymous sources that Coinbase to conclude a certain transaction, which will value the company at $8 billion. Presumably we are talking about the investment company Tiger Global and the owners of its shares, which the exchange had the negotiations concerning investments in the amount of $500 million. Says CNBC, Coinbase transaction with Tiger Global would make the stock exchange one of the most highly regarded cryptocurrency companies in America. Last year, Coinbase has already shown good results: upon completion of this financing round series D of the company valued at $1.6 billion.

It is worth noting that last year the exchange had shown considerable growth and development by launching custodian services for cryptocurrency, changing the procedure for listing new assets that have facilitated the expansion of offers on the site, and announcing plans for the acquisition of the status of the broker-dealer in the United States and launch a bitcoin ETF.