Deutsche Boerse Won’t De-List Coinbase Shares After Data Issue Resolved: Report

Tanzeel Akhtar
·1 min read

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.

  • 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

Related Stories