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Coinbase, the largest cryptocurrency exchange in the US, announced that starting this week, eligible users will be allowed to apply for shares of upcoming listed companies through its app. The first bid is smart ring manufacturer Oura. The placement will be fully or partially satisfied or rejected according to market demand. The company says its distribution algorithm will prioritize the protection of long-term investors' rights and interests.
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Coinbase, the largest cryptocurrency exchange in the US, announced that starting this week, eligible users will be allowed to apply for shares of upcoming listed companies through its app. The first bid is smart ring manufacturer Oura. Placements will be fully or partially satisfied or rejected according to market demand, and the company says its distribution algorithm will prioritize the protection of long-term investors' rights and interests.
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