Coinbase Lets Retail Investors Tap into Select US IPOs
Coinbase is expanding its US retail offering by allowing eligible customers to request shares in selected initial public offerings before public trading begins.
The move comes as crypto platforms expand into traditional markets. Coinbase has already expanded into US stock trading for UK users and received FCA approval to offer stocks and derivatives.
Coinbase's IPO access service will start with Oura's IPO this week, allowing customers to request shares at the offer price through a new IPO section in the Coinbase app once the expected price range becomes available.
Clients must fund their accounts before submitting a 'Conditional Offer to Buy'. Allocations depend on available shares and total demand, so requests can be filled fully, partially or not at all. Shares will become tradable on Coinbase once public-market trading begins.