Coinbase expands services to include IPO share allocations

Coinbase now allows eligible US retail clients to request shares at the initial public offering price before trading begins, starting with the wearable device maker Oura. Oura is offering 50 million shares priced between $40 and $44, aiming for a valuation of up to $15.62 billion before listing on the Nasdaq. Additionally, Valour, a subsidiary of DeFi Technologies, has launched its first crypto hedge fund utilizing Neuronomics AI models.