An IPO, direct listing or even a merger with a SPAC would be the latest attempt by early advocates of Bitcoin such as the Winklevoss brothers to unlock their digital wealth. Coinbase, the biggest U.S. cryptocurrency exchange, filed in December with the SEC to go public. Bakkt, the cryptocurrency platform majority-owned by Intercontinental Exchange, plans to go public through a merger with a blank-check firm.
“We are definitely considering it and making sure that we have that option,” Cameron Winklevoss, co-founder and president of the New York-based digital-asset firm, said in an interview. “We are watching the market and we are also having internal discussions on whether it makes sense for us at this point in time. We are certainly open to it.”