Coinbase Blog Says Firm Had “No Financing Exposure” to Celsius, 3AC, or Voyager

Coinbase put out a blog post to say that it “had no financing exposure” to Celsius, Three Arrows Capital, or Voyager digital. They did note that the Coinbase Venture program did make non-material investments to Terraform Labs. Following the announcement, shares of the company skyrocketed by 10%. “Many of these firms were over-leveraged with short-term [...] The post Coinbase Blog Says Firm Had “No Financing Exposure” to Celsius, 3AC, or Voyager appeared first on ETF Trends .