It has been more than a decade since the cryptocurrency industry has been around in the online trading industry. Before 2009, there were many online trading instruments such as Forex, Commodities, Stocks, and Indices offered to users. However, none of the instruments ever talked about facilitating the users and were only focused on investments.
None of the assets gave people the opportunity to acquire something for free or something without investing any money. Then an anonymous person going with the pseudonym “Satoshi Nakamoto” started interacting with the online community back in 2008.
Nakamoto offered a white paper to the online community, which showed the true purpose of launching a new asset. This asset was focused to facilitate common people and give them command over their personal and financial information.
This was for the first time the entire online industry was provided with a platform that was decentralized. This meant that the platform was free from any central body involved in controlling the personal and financial information of the users.
As Bitcoin (BTC) was launched in 2009 by Satoshi Nakamoto, it came as a huge revolution in the entire traditional financing sector. For the first time, people from all over the world were not required to share their personal and financial information in order to become part of the service.
When Bitcoin (BTC) was launched back in 2009, it was the only cryptocurrency that existed until new cryptocurrencies were founded in 2012. This is the reason why not matter how many cryptocurrencies and products are launched in the crypto-verse, no one can ever deny the contribution made by Satoshi Nakamoto.
Satoshi Nakamoto is the very reason that the cryptocurrency industry was brought into being. Therefore, there are many who are trying to honor him in the cryptocurrency industry whenever they can.
Just recently, one of the largest cryptocurrency exchanges in the United States, Coinbase has honored Nakamoto in a unique manner. According to sources, Coinbase had just filed for a direct listing on the stock market at the Securities and Exchange Commission (SEC). In the filing submitted at the SEC, Coinbase has named Nakamoto on the stock market for a direct listing.
The sources have claimed that the largest crypto-exchange “Coinbase” had sent copies of the S-1 registration statement for the SEC filing. Now the exchange is anxiously waiting for the filing to be approved by the Securities and Exchange Commission.
If the filing gets approved, then Coinbase will see its shares traded through the stock exchanges based in the United States. In the file, the Coinbase officials mentioned the names of the legal members who are to receive updates from the SEC around the filing.
The members that were added by Coinbase included the team members from “Fenwick & West”, which is a legal firm, and “Coinbase Global”.