Coinbase ($COIN), one of the top cryptocurrency exchanges with over 50 million registered users has announced its first private debt offering in the form of the company’s Senior Note Offerings worth $1.5 billion. The funds raised from the offerings would be utilized towards general corporate purpose and product development.
Coinbase Announces Proposed Private Offering of $1.5 Billion of Senior Notes for General Corporate Purposes Including Product Development and Potential M&A$COIN
— *Walter Bloomberg (@DeItaone) September 13, 2021
This story is being updated
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