Coinbase is offering U.S. customers allocations for upcoming initial public offerings (IPOs), beginning with Oura, according to multiple reports. The change expands Coinbase’s role from trading existing securities toward participating in the primary IPO market.
The announcement is framed as part of Coinbase’s broader effort to move beyond secondary-market activity. One source also links the development to Coinbase’s earlier rollout of pre-IPO derivatives, suggesting a staged expansion into IPO-related products and services.
While both outlets agree on the start with Oura and the opening of IPO allocations to U.S. customers, they emphasize different aspects of the shift: one highlights the allocation offering itself, while the other underscores how it extends Coinbase’s push from derivatives and pre-IPO instruments into direct primary-market participation.
