Compliant "Model Student" Coinbase's IPO Template

Shortly after news of Coinbase's IPO (Initial Public Offering) application spread, the U.S. Securities and Exchange Commission (SEC) came after Ripple, accusing it of raising massive funds through issuing unregistered digital asset securities (XRP). These two seemingly unrelated matters touched a nerve at Coinbase. XRP, ranked fourth on the crypto asset market cap list, is one of 44 tokens on Coinbase's "shelf." With an IPO on the agenda, Coinbase didn't dare slack off and quickly announced it would suspend XRP trading.