Coinbase To Raise $1,000,000,000 in Convertible Bonds From Institutional Buyers As COIN Rallies 81% in a Month
Top US-based crypto exchange platform Coinbase says it will be raising $1 billion worth of convertible bonds from institutions. In a new press release, Coinbase announced today its intention to privately offer $1 billion worth of convertible notes due in 2030 to “persons reasonably believed to be qualified institutional buyers.” “The notes will be senior,...