Deutsche Boerse Won’t De-List Coinbase Shares After Data Issue Resolved: Report

The exchange reversed course after the crypto exchange provided a missing LEI code.

By Tanzeel Akhtar

Apr 22, 2021 at 3:04 p.m. UTC

Updated Sep 14, 2021 at 12:45 p.m. UTC

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Deutsche Boerse said Thursday it will not de-list Coinbase Global (COIN.O) shares from its Xetra market and the Frankfurt stock exchange, according to a Reuters report.

The German bank had planned to delist the shares by the end of Friday due to missing reference data, according to a Reuters report Wednesday.
The issue has now been resolved after Coinbase was able to provide the exchange with an LEI code, said the report.
Coinbase confirmed “an administrative error” was made that meant the firm had to resubmit certain documentation. It reassured the public there have been no interruptions to trading its stock.
CoinDesk reached out to Deutsche Boerse for additional comment but did not receive a response by press time.

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