11/09/19 08:00 UTC-4

Coinbase exchange plans to launch IEO platform

ExchangesCoinbase will launch the IEO platform
Coinbase will launch the IEO platform

Coinbase, the US cryptocurrency exchange, plans to launch an initial exchange offer (IEO) platform in the next few months.


Coinbase's IEO launch

Kayvon Pirestani, Head of Institutional Sales in Asia at Coinbase, announced the exchange’s plans for the Invest Asia conference on Wednesday: "We think Coinbase is a really interesting opportunity."

"Coinbase carefully studies not only IEO Space, but also STO. But I can’t make any official statements now", – Piestani added.

Interesting in the section: Crowdfunding from the NXT platform: NXT Asset Exchange

  • Last month, Coincheck Japanese cryptocurrency also considered launching an IEO platform to help businesses raise funds using service tokens
  • Cryptocurrency exchange Coinbase and the payment company behind the XRP cryptocurrency, Ripple, are no longer in the top 10 US LinkedIn startups for 2019


Editor: Yulia Krasnaya

See also: "$25 billion expanding: Binance will begin to capture the US market in the coming weeks"

#Exchange #Coinbase #IEO