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Elon Musk Says Delaware Is "Bleeding Companies" As Coinbase Moves To Texas - Coinbase Global (NASDAQ:COIN)
CoinbaseCoinbase(US:COIN) Benzinga·2025-11-13 14:57

Coinbase Global Inc. (NASDAQ:COIN) announced plans on Wednesday to leave Delaware and reincorporate in Texas, sparking sharp reactions from tech and finance leaders.Coinbase Exits Delaware For TexasChief Legal Officer Paul Grewal said the move "was not made lightly," describing it as a step to protect customers, employees, and shareholders. He said the company wants a fairer, more predictable business environment and credited Texas for offering a "builder-friendly" legal framework.CEO Brian Armstrong praise ...