Coinbase Shifts Corporate Domicile to Texas Amid Crypto Market Turbulence

In a strategic move signaling a broader corporate migration trend, cryptocurrency exchange leader Coinbase is relocating its legal headquarters from Delaware to Texas. This transition occurs against a backdrop of significant volatility in digital asset markets, with Bitcoin recently falling below the psychologically significant $100,000 threshold for the first time since May.

Coinbase joins a growing list of technology giants reconsidering their corporate registration states. Tesla pioneered this shift, and now the major digital asset platform is following suit. Paul Grewal, Chief Legal Officer at Coinbase, cited “unpredictable outcomes” from the Delaware Chancery Court as a primary motivation. Texas not only offers greater legal predictability but has also established itself as Read more...