As one of the most popular cryptocurrency exchanges in the world, Coinbase allows its users to buy and sell Bitcoin, Ethereum, Litecoin and other major digital currencies. But can you buy stock in Coinbase?
The short answer is no, you cannot directly invest in Coinbase. However, there are indirect ways to invest in the company.
Coinbase is a private company that has not gone public. This means that there are no Coinbase shares that you can buy on the stock market.
However, there are a few ways that you can indirectly invest in Coinbase.
One way to do this is to invest in companies that have invested in Coinbase. Companies like Andreessen Horowitz, Union Square Ventures and Ribbit Capital have all invested in Coinbase.
By investing in these companies, you are essentially investing in Coinbase as well.
Another way to indirectly invest in Coinbase is to invest in Bitcoin. As Coinbase is one of the leading exchanges for buying and selling Bitcoin, your investment in Bitcoin will indirectly give you exposure to Coinbase as well.
So while you cannot directly invest in Coinbase, there are a few indirect ways that you can do so. By investing in companies that have invested in Coinbase or by investing in Bitcoin, you can give yourself exposure to the company.