Coinbase to be delisted from two Deutsche Boerse exchanges due to code error

Deutsche Boerse said it will delist shares of Coinbase Global (COIN) from its Xetra trading system and Frankfurt stock exchange by the end of Friday's trading session, Reuters reports.The German stock exchange operator cites missing reference data for Coinbase's shares as the reason for delisting. When Coinbase started trading on Deutsche Boerse's platforms an incorrect reference code, known as an LEI, was used by mistake, Deutsche Boerse said.For Coinbase to resume trading on the two exchanges, it must apply for an LEI, the Deutsche Boerse said.Coinbase shares fall 1.2% in premarket trading, but that may be more tied to the dip in bitcoin prices, -1.2% to ~$55.2K.