Snapchat parent company Snap has chosen the New York Stock Exchange for its hotly-anticipated IPO, CNBC is reporting.
The NYSE triumphed in the battle with Nasdaq for the hottest tech float in quite some time.
Snap is expected to file publicly for the IPO as soon as this week, Recode has reported, going public as early as March.
The float is expected to value the firm at around $25bn.
Nasdaq last year regained its tech IPO crown after losing it to the NYSE in the previous three years, according to data from Thomson Reuters.