Crypto shift: World's largest Bitcoin exchange Coinbase follows Elon Musk's warning; says move 'not made lightly'
Coinbase, a major Bitcoin exchange, is moving its incorporation from Delaware to Texas. The company cited concerns about unpredictable legal outcomes in Delaware. Texas offers a more innovation-friendly environment. Other prominent tech and finance firms have also recently relocated from Delaware. This move signals a shift in corporate reincorporation trends.
Coinbase, a major Bitcoin exchange, is moving its incorporation from Delaware to Texas. The company cited concerns about unpredictable legal outcomes in Delaware. Texas offers a more innovation-friendly environment. Other prominent tech and finance firms have also recently relocated from Delaware. This move signals a shift in corporate reincorporation trends.
