Upbit aims IPO on US market

[manul888]

Upbit, the No. 1 exchange in Korea, is considering listing in the US. In terms of the current transaction volume, it is said to be beyond the Coinbase, so it seems like a possible scenario.

[The Sceptical Chymist]

OP, when you start a thread like this about a news story it would be good if you'd provide a link so people can verify what you're saying is accurate.  It saves people time having to search on their own.

So if I'm understanding this correctly, Upbit is going to try to get their stock listed on a US stock exchange?  That seems odd to me, as I thought they were a dinky little foreign exchange.  Assuming they're not going to try to get listed on the pink sheet stock market (OTC), I seriously doubt they'd have enough capital to even get listed on the NASDAQ.  Please correct me if I'm wrong, because I don't really know all that much about them.  I think I tried to register an account with them at one point but didn't want to go through their KYC procedures.

Are there actually any crypto exchanges listed on US stock markets?  I can't think of any, not even Coinbase, although I think I heard they were trying to get listed at some point.  That might be a neat trend.