Why Coinbase opted to go for DPO instead of IPO?
The companies make their roots strong by issuing shares to the general public. However, the strategy opted by them gets vary according to their analysis. Coinbase is among the crypto exchanges to witness a successful DPO. In this read, we will discuss how Coinbase dpo become successful instead of IPO and the thought that let the exchange take this decision. How it begins…. Coinbase DPO became a hot topic when the exchange decided to go public directly instead of IPOs. After completing all the necessary formalities and the procedure involved in it, in compliance with the US Securities and Exchange Commission, the exchange went public on April 14, 2021. Coinbase is already on the list of the top exchanges where you can trade with more than 90+ crypto products like Bitcoin, Litecoin, Ethereum, etc. Established in 2012, by Brain Armstrong this exchange offers secured funding from pioneering VCs like Union Square Ventures, Draper Fisher Jurvetson, and many others. The platform