Deutsche Boerse Will De-List Coinbase Global Due to Missing Reference Data

The de-listing will apply until further notice.

Coinbase employees after the company's direct listing on Nasdaq in April.

Deutsche Boerse will de-list Coinbase Global (COIN.O) shares from its Xetra market and the Frankfurt stock exchange by the end of Friday until further notice.

  • Missing reference data was cited by Deutsche Boerse as the reason for this de-listing, Reuters reported Wednesday.
  • An incorrect legal entity identifier (LEI) code was used when COIN.O began trading on Deutsche Boerse’s platforms.
  • Deutsche Boerse said the de-listing will apply until further notice.
  • The crypto exchange can resume trading on its exchanges only by the issuer applying for an LEI.
  • "We're aware of an administrative error that has made it necessary for Coinbase to resubmit certain documentation to certain European stock exchanges," a Coinbase spokesperson told CoinDesk. "There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible."

See also: Litecoin ETC to List on Deutsche Boerse

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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.