Coinbase became the latest high-profile company to announce plans to reincorporate outside of Delaware, but it's still a very rare move.
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Elon Musk has been pushing hard for companies to exit Delaware and reincorporate elsewhere, following the lead of his companies Tesla
and SpaceX. Coinbase
became the latest to take the leap, announcing this week that it was moving its state of incorporation to Texas from Delaware.
Despite Musk’s proclamation that “Delaware continues to bleed companies,” those departing the state make up a distinct minority.
Cryptocurrency firm Coinbase will leave Delaware and reincorporate in Texas. It was unanimously approved and recommended by the…
Coinbase's legal chief wrote in a Wall Street Journal op-ed that the crypto platform is moving its state of incorporation to…
Delaware ruling draws a line under Tesla’s corporate domicile in the Lone Star State
Musk, whose record pay package was in legal limbo in Delaware, relocated Tesla's incorporation out of state during the spat.
OpenAI executives are discussing a potential relocation out of California as increasing political resistance threatens the…
The company’s place as the flagship of the U.S. crypto industry is stronger than ever.
