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Deutsche Boerse Won’t De-List Coinbase Shares After Data Issue Resolved: Report
The exchange reversed course after the crypto exchange provided a missing LEI code.
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Deutsche Boerse said Thursday it will not de-list Coinbase Global (COIN.O) shares from its Xetra market and the Frankfurt stock exchange, according to a Reuters report.
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- The German bank had planned to delist the shares by the end of Friday due to missing reference data, according to a Reuters report Wednesday.
- The issue has now been resolved after Coinbase was able to provide the exchange with an LEI code, said the report.
- Coinbase confirmed “an administrative error” was made that meant the firm had to resubmit certain documentation. It reassured the public there have been no interruptions to trading its stock.
- CoinDesk reached out to Deutsche Boerse for additional comment but did not receive a response by press time.
Read more: Ark Investment Management Increases Coinbase Holdings to 1.5M Shares
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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Bilinmesi gerekenler:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
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