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Demand for Coinbase Junk Bonds Soars as Exchange Sells $2B in Debt

The strong demand and increase in offering size highlights crypto’s evolution from a fringe asset class to one under the spotlight of mainstream finance.

Updated May 11, 2023, 5:45 p.m. Published Sep 15, 2021, 12:47 p.m.
Signage in New York's Times Square display Coinbase's logo during the company's Nasdaq debut. (Robert Nickelsberg/Getty Images)