Coinbase is broadening its financial ecosystem by allowing eligible U.S. customers to request IPO share allocations directly through its app. The initiative launches with the upcoming Nasdaq debut of smart-ring maker Oura, which is targeting a price range of $40 to $44 per share. This move aligns with the exchange's 'Everything Exchange' strategy to integrate traditional securities alongside its core crypto offerings.
Oura is conducting an IPO on Nasdaq with an expected price range of $40-$44 per share, but the market reaction is uncertain until trading begins.