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17 September 2021

Coinbase Planning to Raise $1.5B in Bond Sale

Coinbase Planning to Raise $1.5B in Bond Sale


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Coinbase, one of the world’s largest cryptocurrency exchanges, is hoping to raise $1.5 billion through the sale of senior secured notes, it announced in a statement Monday. .

The sale will be through a private offering, with interest rates and other terms yet to be determined.

Last week, the company’s CEO Brian Armstrong accused the SEC of “sketchy behavior” after it was revealed that the regulator had threatened to sue Coinbase over its Lend product

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