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Seeking Alpha 2021-04-22 12:14:48

Coinbase to continue trading on Frankfurt exchange

Coinbase Global (COIN) shares will continue trading in Frankfurt after the company provided the required paperwork, Bloomberg reports, citing a statement from Deutsche Boerse."Investors can continue to trade Coinbase shares — without interruption — in Frankfurt and on Xetra," a Deutsche Boerse spokeswoman said.Coinbase had applied for the required LEI code and submitted to the German exchange operator.COIN stock falls 1.3% in premarket trading; however, bitcoin is also down ~1% to $54.8K in early Thursday trading.Yesterday, Deutsche Boerse said COIN's shares would be delisted from the Frankfurt stock exchange and the Xetra trading system by the end of the day Friday because of a missing reference data known an an LEI code.

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