Coinbase CEO Reacts to Business Bureau’s New Rating: Details
Main Idea
Coinbase CEO Brian Armstrong highlights the company's A+ rating from the Better Business Bureau (BBB) as a milestone in customer service improvement, while also announcing a $2 billion convertible bond offering.
Key Points
1. Coinbase has achieved an A+ rating from the Better Business Bureau (BBB), reflecting significant improvements in customer service.
2. CEO Brian Armstrong praised the Customer Experience team for their efforts in reaching this milestone.
3. Coinbase is raising $2 billion through the sale of convertible bonds, following a trend among cryptocurrency-focused companies.
4. The convertible bonds are offered in two tranches with 0% coupon rates, due in 2029 and 2032, with varying conversion premiums.
Description
Coinbase's CEO spotlights crypto exchange's recent milestone
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