The Supreme Court on Friday agreed to hear an appeal by the major crypto exchange Coinbase, which is seeking to have two customer lawsuits against the company resolved by private arbitration, not by a federal court.

“We are gratified the Supreme Court agreed to hear our appeal, and we look forward to its resolution of this matter,” a Coinbase spokesperson said.

The issue the high court will take up in Coinbase’s case relates to the highly technical question of whether a party in a lawsuit can be forced to continue to defend the case in proceedings in a federal district court, even as it asks an appeals court to send the dispute to an arbitrator.

But the case might be the first taken by the Supreme Court involving a cryptocurrency company.

“It’s the first one I’ve known of, for sure,” said Glenn Chappell, an attorney for Abraham Bielski, one of the Coinbase customers who is suing the company.

“It may very well be the first one,” he said.

He and Bielski’s other lawyers had opposed Coinbase’s request to have the Supreme Court take the case.

“We don’t think that companies like Coinbase should be entitled to an automatic stay of litigation after a district court has already determined their arbitration is unlawful,” Chappell said.

But, he added, “We definitely still welcome the…