2 Reasons the Coinbase IPO Is a Risky Buy

Coinbase, a leading cryptocurrency exchange platform, will make its stock market debut in a direct listing this Wednesday, trading under the ticker COIN. This public debut will be a historic moment for the crypto industry and its early proponents.

The listing will also come just months after the total market value of all Bitcoin (CRYPTO: BTC) in circulation crossed the $1 trillion mark for the first time. Ethereum (CRYPTO: ETH), the world's second-largest cryptocurrency, is also trading around record highs.

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Source Fool.com