On Friday, April 23, Deutsche Boerse will delist Coinbase shares from the Xetra platform and the Frankfurt Stock Exchange.
The reason was an error in the specified LEI-code - an individual 20-digit identifier for financial market participants. To resolve the issue, Coinbase needs to apply for a new LEI.
On the first day of trading on April 14, the asset management company Ark Invest bought 749 205 shares of Coinbase for $ 246 million. On April 16, Ark Invest additionally acquired COIN for $ 110 million.
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In honor of the listing on the Nasdaq, the crypto exchange announced a $ 1.5 million raffle in Bitcoin among new users.
Forbes previously reported that the $ 300,000 invested by the venture capitalist in Coinbase turned into $ 565 million after listing on the Nasdaq.