Timeline
- 7.5
Coinbase Opens Retail IPO Allocations via App as Oura Listing Launches, Tightens Flip Rules - VT Markets
Coinbase has begun offering retail IPO share allocations directly through its app, debuting alongside the Oura listing, and has tightened its rules against rapid resale of allocated shares. The change puts IPO allocation access inside the same app Coinbase customers use for crypto trading. The move extends Coinbase's product reach from crypto trading into traditional equity primary markets and gives retail users a route to IPO allocations through an app they already use. The tighter anti-flipping rules signal that access is conditioned on holding behaviour rather than purely on demand. Per reports, Oura has applied to list on the Nasdaq Global Select Market under the ticker OURA, with its IPO roadshow targeting about $2.2 billion. Brokerages typically discourage flipping by restricting or suspending a user's access to future offerings if shares are sold inside an anti-flipping window.
- 7.5
Coinbase Brings IPO Shares to US Retail Traders, With Oura Up First
Coinbase is opening IPO allocations to eligible U.S. retail customers through its app this week, with smart-ring maker Oura as the first company; Oura plans to list on Nasdaq under ticker OURA, offering 50 million shares at an expected $40 to $44 each. Coinbase said orders do not guarantee an allocation and may be filled in full, partially, or rejected, and selling IPO shares within the first 30 days may bar participation for the following 60 days.