The largest crypto exchange Coinbase goes to IPO. What does it mean?

Last week, Coinbase, the largest US cryptocurrency exchange, announced plans to go public. The company has filed an S-1 IPO with the US Securities and Exchange Commission (SEC), and the event was posted on the official Coinbase blog. It is worth noting that this is the first cryptocurrency marketplace to implement a plan of this magnitude. In this regard, the representatives of the cryptocurrency community have a logical question, what consequences the leadership's initiative can cause.

Let us remind you that IPO is the start of the issue of your own securities on the stock exchange. In this way, they attract a huge flow of investments for explosive business development. With an IPO, a company turns from a private organization into a public one, that is, any interested trader can acquire part of its assets. The main reason for going to an IPO is the desire to attract more money, "declare yourself to the world" and stake out the reputation of a "solid" company.
This initiative looks interesting, since such solutions are very rare for representatives of the cryptocurrency business. Earlier, manufacturers of ASIC miners required for the production of cryptocurrencies went out to IPO.