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As of close of business Friday March 10 Coinbase had an approximately $240m balance in corporate cash at Signature. As stated by the FDIC, we expect to fully March 12 (Reuters) - Coinbase Global Inc has about $240 million in corporate cash balance with Signature Bank, the U.S. crypto exchange said in a tweet on Publicly-traded cryptocurrency exchange Coinbase revealed Monday that it had $240 million stuck in the American-based traditional banking institute Signature Bank. The

Coinbase holds 240m in Signature Bank: What happens next? Publicly-traded cryptocurrency exchange Coinbase revealed Monday that it had $240 million stuck in the American-based traditional banking institute Signature Bank. As of close of business Friday March 10 Coinbase had an approximately $240m balance in corporate cash at Signature. March 12 (Reuters) - Coinbase Global Inc has about $240 million in corporate cash balance with Signature Bank, the U.S. crypto exchange said in a tweet on Monday. The big question is, will they get it back?

Following Signature Bank's closure by regulators, many are concerned about the funds held within. Coinbase expects to fully recover funds, As stated by the FDIC, we expect to fully recover these funds. This news provides some reassurance to Coinbase investors and the wider crypto community. We will continue to update this page as the situation evolves.

Stay informed about the Coinbase Signature Bank situation and its implications for the cryptocurrency market. Learn more about the FDIC's role and the potential impact on the future of crypto exchanges' banking relationships.

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