Crypto firm IPO can take place this year is planning an Initial Public Offering (IPO). Bloomberg reported on Tuesday that the cryptocurrency startup is in the process of interviewing banks for an IPO.

According to the report, the financial decision has not been made yet. The IPO might happen next year and the company’s plans could still change, the report said citing anonymous sources.

A competitor of Coinbase Global Inc.,, was valued at $14 billion at a Series D funding round that took place in March and was led by Lightspeed Venture Partners. has a presence in more than 30 states in the US including Michigan, Georgia and North Dakota.

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