The crypto exchange has connections to the investment bank via a board member and is now using this to its advantage.
This could be an important step in advancing the mass readiness of the crypto industry.
Citing two internal sources , Business Insider reported on Friday that Bitcoin Rush hired Goldman Sachs to handle its IPO. However, no precise details are known in this regard.
As Business Insider reports, Ehrsam worked at the investment bank from 2010 to 2012 before he left it to found Coinbase together with Brian Armstrong .
Although Ehrsam left the crypto exchange again in 2017, he continues to sit on its board.
The BI report comes a day after Coinbase disclosed that it filed for an initial public offering (IPO) with the SEC.