Coinbase Launches IPO Subscription Feature, Initially Supporting Oura IPO

Coinbase has officially announced that users can now participate in initial public offerings (IPOs) on its platform. This feature is open to U.S. retail customers, aiming to provide greater access to primary financial markets. Coinbase stated that this move is the next step in building its "Everything Exchange," with the goal of creating a platform where assets can be traded at any stage of their lifecycle. The first project to launch is smart ring manufacturer Oura. Eligible Coinbase users will be able to apply for allocations in the Oura IPO at the offering price before the stock begins public trading.