Oura IPO oversubscribed 4x as Binance and Coinbase roll out related products
- —IPO demand was roughly 4x the number of shares on offer
- —The company plans to sell 50 million shares at $40–44 each
- —Valuation at listing could reach $14.1 billion on Nasdaq
- —Binance listed a pre-IPO OURAUSDT perpetual; Coinbase opened subscriptions
Why it matters: Major crypto exchanges are pushing deeper into pre-IPO and tokenized equity products, stepping up competition with traditional brokers.
Source: PANews