Intercontinental Exchange sells Coinbase stake for $1.2 billion

by Aurelia Butler 1 May 2021, 09:40 199 Views

Announcing the news Thursday on a financial-results call for the first quarter of 2021, ICE chief financial officer Scott Hill said that the company sold its Coinbase stake for $1.2 billion. The executive noted that the sale generated approximately $900 million net after taxes.

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Source: Cryptocurrency - investing.com

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Intercontinental Exchange sells Coinbase stake for $1.2 billion

We all know the issues with DeFi — but what are the answers?

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