Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
institutions on Base , an Ethereum layer-2 network developed by crypto exchange Coinbase. The protocol will allow verified institutions to onboard RWAs and borrow against their RWA holdings, according to the post. “We continue to see significant interest from our institutional clients for easier access to tokenization solutions on-chain," said Anthony Bassili, Coinbase's head of allocators and tokenization. Centrifuge's plans came to light as the protocol announced it raised $15 million in venture capital investment in an "oversubscribed" fundraising round. ParaFi Capital and Greenfield led the investment, with multiple firms including Arrington Capital, Circle Ventures, Gnosis, The Spartan Group, and Wintermute Ventures also participating. CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains, CoinGecko data shows. The token was still up 5% over the past 24 hours, outperforming the sector benchmark CoinDesk DeFi Index's ( DCF ) 1%
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- X10 Launches Hybrid Crypto Exchange Backed by $6.5M Funding [Yahoo! Finance]Yahoo! Finance
- Stripe Just Opened $1 Trillion Market to Crypto [Yahoo! Finance]Yahoo! Finance
- Lido Finance Achieves Milestone of One Million Ethereum Validators [Yahoo! Finance]Yahoo! Finance
- Why Ethereum, Dogecoin, and Bitcoin Cash Are Slumping Today [Yahoo! Finance]Yahoo! Finance
- If You Invested $1,000 in Shiba Inu Crypto in 2020, It Would Be Worth $24 Million Now [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 2/15/24 - Beat
COIN
Sec Filings
- 4/29/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form ARS
- COIN's page on the SEC website