Bitcoin
$ 49,392
Ethereum
$ 1,664.1
Litecoin
$ 183.20
okex ads

Initial Exchange Offering (IEO) Could be The Next Phase for Coinbase

U.S.-based cryptocurrency exchange Coinbase is evaluating the launch of an initial exchange offering (IEO) platform in the near future.

Join the fastest growing network on Telegram

Kayvon Pirestani, head of institutional sales in Asia at Coinbase, revealed the news at Invest: Asia conference on Wednesday, saying: “We think there’s a really interesting opportunity there for Coinbase.”

“In a nutshell, Coinbase is carefully exploring not only the IEO space but also STOs [security token offerings]. But I can’t make any formal announcements right now,” Pirestani added.

Last month, Japanese crypto exchange Coincheck was also considering launching an IEO platform to help firms raise funds via utility tokens.

IEOs, popularized by Binance, are fast becoming a theme of 2019. Already 12 cryptocurrency exchanges, including OKEx, Huobi and Bittrex, have announced their IEO platforms this year, and 39 projects have already participated in an IEO.

About the author

A Nice Man

Related Posts

Leave a Reply

Newsletter

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

MicroStrategy’s Michael Saylor to Host BTC Summit in February
March 6, 2021By
Morocco central bank exploring digital currency but Bitcoin still banned
March 6, 2021By
Biden’s SEC Chair Pick Gary Gensler Reveals Policies on Bitcoin and Crypto Regulation
March 6, 2021By

Advertisement

Video Posts

In
Fintech Enlightenment Through Quality And Engaging Contents
March 4, 20210
In
Impact Of Emerging Techs
March 4, 20210

Crypto Stats


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin49,392 0.34 % 1.54 % 5.87 %
Ethereum1,664.1 0.30 % 6.06 % 12.43 %
Tether0.9993 0.09 % 0.35 % 0.54 %
Cardano1.120 0.48 % 1.67 % 16.46 %
Binance Coin226.56 0.40 % 0.44 % 0.08 %
Polkadot33.68 0.36 % 0.55 % 0.36 %
XRP0.4622 0.06 % 0.48 % 4.30 %
Uniswap30.58 0.75 % 6.78 % 29.50 %
Litecoin183.20 0.50 % 0.71 % 5.72 %
Chainlink28.48 0.84 % 3.82 % 7.90 %