As the cryptocurrency exchange Coinbase readies to go public, some investors are wondering if they can buy Coinbase IPO.
The simple answer is no – at least not yet. Unlike most traditional IPOs, there is no set date or price range for the Coinbase IPO.
The company has filed a Form S-1 with the Securities and Exchange Commission (SEC), but it has not yet set a date or price range for its stock offering.
Once Coinbase does set a date and price range for its IPO, it will be up to the investment banks leading the offering to decide whether or not to allow individual investors to participate. In most cases, only institutional investors like hedge funds and venture capital firms are allowed to buy shares in an IPO.
However, there is a way for individual investors to get exposure to Coinbase before it goes public. Several investment firms, including Goldman Sachs and Morgan Stanley, are already offering private placement investments in Coinbase.
These investments are only available to accredited investors, but they do allow individuals to get a piece of the action ahead of the public offering.
It’s important to remember that investing in a pre-IPO company like Coinbase is risky. The company could delay or even cancel its public offering, and there is no guarantee that it will be successful once it does go public.
But for those willing to take on the risk, pre-IPO investing can be a way to get in on the ground floor of what could be a very successful company.