Coinbase opens IPO access to retail investors, starting with Oura Ring
- —Oura Ring is the first IPO available on the platform
- —Armstrong said traditional IPO allocations favor a closed circle of wealthy entities
- —The initiative aims to broaden retail participation in public offerings
Why it matters: The move pushes the exchange beyond crypto into traditional finance, intensifying competition for retail investors and blurring the line between crypto and brokerage services.
Source: Coinfomania