Coinbase is going public via a direct listing on Wednesday, April 14.
The company will go public on the Nasdaq. It's the largest U.S. cryptocurrency exchange. Coinbase has 56 million verified users and adds about 13,000 new retail customers a day, according to cryptocurrency analytics firm Messari.
Ahead of the direct listing, Bitcoin was rallying.
But is Coinbase a way to make a cryptocurrency play without actually jumping into cryptocurrency?
Jim Cramer gives his answer in the clip above and also discusses why he has split his expected allocation between gold and Bitcoin.
Watch TheStreet Live: Everything Jim Cramer Is Watching Monday.