Coinbase opens IPO allocations to US customers, starting with Oura

60-second summary
Coinbase launches its first primary‑market IPO allocation for U.S. customers, beginning with Oura Health’s upcoming offering, marking the exchange’s expansion from secondary‑market stock trades into direct primary issuance after recently introducing pre‑IPO derivatives; the move signals Coinbase’s ambition to become a full‑service broker, potentially boosting retail participation and diversifying revenue streams in the crypto‑adjacent securities market.
This expands Coinbase's push beyond secondary-market stock trading into the primary market, following its rollout of pre-IPO derivatives.