Coinbase Launches IPO Subscription Feature, with Oura Smart Rings as the First Offering
Coinbase has launched an IPO subscription feature through its licensed broker-dealer, Coinbase Capital Markets, allowing eligible users to apply before Oura's listing at the offering price. Oura plans to issue 50 million shares at USD 40–44 per share, implying a valuation of approximately USD 13.5 billion.