Key Takeaways
- Eligible US users can request IPO shares.
- Successful applicants receive actual common stock.
- Demand can reduce or eliminate allocations.
- Early selling may restrict later participation.
- Oura is the first available offering.
These are real shares, not pre-IPO derivatives
Coinbase has opened an IPO distribution channel inside its app, beginning with smart-ring maker Oura. Eligible US customers can submit a request before open-market trading starts and, if allocated shares, buy at the final IPO price, according to The Wall Street Journal’s September 21 report.
Coinbase has previously offered a different kind of pre-IPO access through OpenAI and Anthropic pre-IPO futures. Those contracts give eligible non-US traders...


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