tender offer
Coinbase Completes Tender Offer for 3.625% Senior Notes Due 2031
Coinbase Global, Inc. has concluded its cash tender offer for its 3.625% Senior Notes due 2031, aiming to purchase up to $180.0 million. The offer expired on September 18, 2023. Coinbase plans to finalize payments by September 20, 2023. The total tendered amount is $262,543,000, with holders receiving $675.00 per $1,000 principal amount. Citigroup Global Markets Inc. acted as the Dealer Manager.
Coinbase Announces Cash Tender Offer for $150 Million of 3.625% Senior Notes Due 2031
Coinbase has commenced a cash tender offer for up to $150M of its 3.625% Senior Notes due 2031, expiring on September 1, 2023.
Visa Partners with Fold to Offer Bitcoin Rewards Credit Card
Visa, a prominent payment provider, has joined hands with Fold, a San Francisco-based Bitcoin cashback app, to offer a credit card that will enable consumers to gain Bitcoin rewards as compared to earning points. Through the strategic collaboration, users will have first-hand experience with the most-valuable cryptocurrency.
US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.
Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX
Rejection of Conditional Proposal from HKEX
Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.
Blockchain Has "Much More to Offer," Says Lufax Head
During CNBC’s East Tech West conference held in Guangzhou, China, Jun Lu, head of Lufax Technology Center, acknowledged that the optimal potential of blockchain was more exciting than what is offered by cryptocurrencies.
Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram
Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.
Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services
Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.
Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody
Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.
Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients
Morgan Stanley is offering its clients access to Bitcoin (BTC) investments.
Bank of England Chooses Accenture To Rebuild UK Payment System
Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.
Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform
The United State presidential candidate for the upcoming 2020 election Mike Bloomberg is set to tender a proposal seeking to accommodate regulations for cryptocurrencies in a new financial plan that will be duly regulated.
Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.