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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.
Updated Sep 14, 2021, 12:45 p.m. Published Apr 22, 2021, 3:04 p.m.
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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