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Why is Coinbase using a direct listing?In holding with the subversive foundation of cryptocurrency, Coinbase’s choice to eschew an IPO is not altogether stunning. With an IPO, a company companions with financial establishments to advertise its stock with the hope of promoting shares to boost capital. A direct itemizing, in distinction, offers a venue for present stakeholders in the company — who already personal stock — to promote shares to the public. Coinbase stockholders can be looking to promote almost a hundred and fifteen million shares.