Rakuten Securities to add Coinbase stock to offering
Japanese FX, CFD and stock brokerage Rakuten Securities continues to expand its stock offering. Earlier today, the company confirmed that it will make Coinbase shares available to trade to its clients once Coinbase stock gets listed.
Rakuten notes that the listing date may change and that it may not be possible to accept orders for newly listed stocks in the US market immediately after they are released locally.
In February, Coinbase Global, Inc. confirmed the filing of a registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC) for a proposed public direct listing of its Class A common stock. Coinbase plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “COIN”.
On April 1, 2021, Coinbase said that its registration statement relating to a proposed public direct listing of its Class A common stock was declared effective by the SEC. Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol “COIN” on April 14, 2021.
Founded in 2012, Coinbase is a decentralized company that powers the cryptoeconomy. Coinbase defines its mission as creating an open financial system for the world. It aims to achieve this by creating a more fair, accessible, efficient, and transparent financial system for the internet age that leverages the power of digital assets built using blockchain technology.