Coinbase to raise $1.25B via debt securities for institutional investors

Coinbase to raise $1.25B via debt securities for institutional investors
фото показано с : cointelegraph.com

2021-5-19 12:00

With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors.

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coinbase institutional investors continuing exchange underperform seeking

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Coinbase Custody broker-dealer previously charged with putting customer assets at risk

Coinbase’s new solution for institutional investors launched yesterday to great fanfare. It offers solutions for long-awaited institutional money to flow into the market. Electronic Transaction Clearing [ETC], the registered broker-dealer through which Coinbase aims to conduct transactions, was charged by the US Securities and Exchanges Commission [SEC], earlier this year. The charges against it were […]

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