Many investors expect Coinbase to gain market share following FTX's collapse and may prefer to express their view through structured products. reports godbole17
that offers enhanced coupons in return for only partially protecting capital risk on the cryptocurrency exchange's shares. note issued Wednesday offers a guaranteed annual 40% coupon paid monthly, providing holders with regular cash flow.
Barrier reverse convertibles are popular in traditional finance and are usually chosen when the underlying asset is expected to consolidate or move only slightly higher. "With COIN shares so volatile and so much near-term uncertainly, a lot of investors prefer to express their view via structured products where they can get an attractive guaranteed coupon plus a lot of downside protection," Solot said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ether, altcoins higher as solana soars 14%, Coinbase gains pre-market after Tuesday's dropCrypto prices were higher today, while Coinbase gained in pre-market trading to recoup some of Tuesday's losses. The Fed's latest meeting minutes from December will be released at 2 p.m. EST.
Read more »
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges.coinbase will pay a $50 million fine to NYDFS to settle charges that it let users open accounts without sufficient background checks. By parikshitm899
Read more »
Coinbase stock bounces after $100 million settlement deal with New York financial services regulatorShares of Coinbase Global Inc. bounced 4.1% in morning trading Wednesday, after it was announced that the cryptocurrency exchange agreed to a $100 million...
Read more »
Coinbase to pay $100 mln to settle New York state investigationU.S.-based cryptocurrency exchange Coinbase Global Inc has reached a $100 million settlement with New York's Department of Financial Services (DFS), the exchange and the regulator said in statements on Wednesday.
Read more »
Coinbase reaches $100M settlement with NY regulatorsCoinbase will pay a $50 million fine and invest an additional $50 million in compliance after regulators determined it violated Anti-Money Laundering laws.
Read more »
Coinbase Will Pay $100 Million After Regulators Find 'Significant Failures' Heightened Risk Of Criminal ActivityRegulators allege Coinbase 'did the bare minimum' to verify customer information and overlooked information that was 'on its face clearly inaccurate.'
Read more »