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Coinbase CEO Brian Armstrong announced that the platform has launched an IPO trading channel, with Oura Ring as the first project, aiming to allow US retail investors to participate in the primary financial market.
Coinbase CEO Brian Armstrong stated that IPO allocations are typically limited to institutions and a select few wealthy individuals, and Coinbase aims to change this. The launch of IPO trading access, allowing U.S. retail customers to participate in the primary financial market, is a significant step for Coinbase in building an "Everything Exchange," aiming to provide a trusted platform for trading any asset at any stage of its lifecycle.
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