Cryptocurrency Q&A When is Coinbase IPO 2021?

When is Coinbase IPO 2021?

CryptoAlly CryptoAlly Tue Jul 09 2024 | 5 answers 937
Ah, you're inquiring about the Coinbase IPO of 2021? Well, it's actually worth noting that Coinbase didn't conduct a traditional Initial Public Offering (IPO) in 2021. Instead, it opted for a Direct Public Offering (DPO), which is a slightly different process. Coinbase's DPO occurred on April 14th, 2021, where it began trading on the Nasdaq Global Select Market under the ticker symbol "COIN". This choice allowed Coinbase to avoid some of the typical IPO formalities and expenses, such as hiring underwriters. The market capitalization at the time of its listing was significant, reflecting the growth and popularity of digital currencies and the exchange itself. When is Coinbase IPO 2021?

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