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Deutsche Boerse Will De-List Coinbase Global Due to Missing Reference Data
The de-listing will apply until further notice.
Deutsche Boerse will de-list Coinbase Global (COIN.O) shares from its Xetra market and the Frankfurt stock exchange by the end of Friday until further notice.
STORY CONTINUES BELOW
- Missing reference data was cited by Deutsche Boerse as the reason for this de-listing, Reuters reported Wednesday.
- An incorrect legal entity identifier (LEI) code was used when COIN.O began trading on Deutsche Boerse’s platforms.
- Deutsche Boerse said the de-listing will apply until further notice.
- The crypto exchange can resume trading on its exchanges only by the issuer applying for an LEI.
- "We're aware of an administrative error that has made it necessary for Coinbase to resubmit certain documentation to certain European stock exchanges," a Coinbase spokesperson told CoinDesk. "There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible."
See also: Litecoin ETC to List on Deutsche Boerse
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
