Coinbase execs to explain why soon-to-be-public crypto exchange is against a security token

Coinbase’s top brass detailed how the crypto exchange unicorn weighed a possible security token on its path to going public, but ultimately set the idea aside given technological and regulatory constraints.

The crypto exchange hosted a Reddit ask-me-anything session last week, a move that came as it prepares to go public by way of a direct listing. That listing is expected to take place as soon as early next month.

Coinbase was asked whether it has plans to provide special share access to Coinbase customers, airdrop shares, or provide direct access to share purchases via its platform.

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