Cryptopolitan
2024-03-13 18:55:39

Coinbase unveils $1B convertible notes offering for institutional investors

Coinbase announced on Tuesday its plan to offer $1 billion in convertible notes targeted at institutional investors, set to mature in 2030. The cryptocurrency exchange platform also intends to provide an option for the initial buyers to purchase up to an additional $150 million in notes to cover over-allotments. This offering aims to convert the

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