Coinbase Unlocks IPO Access for US Users Ahead of Record-Breaking Anthropic Listing
Coinbase has launched IPO access for its U.S. retail customers, starting with the Oura public listing.
This move comes ahead of the highly anticipated Anthropic IPO, which is expected to be one of the largest in U.S. history, with a valuation potentially reaching up to $2 trillion.
Coinbase's allocation algorithm will prioritize investors likely to hold long-term, but users who sell IPO shares within 30 days may face restrictions on future allocations.
The COIN stock has surged over 5% at the market open amid this latest development, currently trading around $204, and is up over 13% in the past month.