Coinbase announces second crypto stock delisting this week

Delisting announced yesterday

Coinbase, a major US cryptocurrency exchange, announced on the 23rd that it plans to delist virtual currency stocks. This is the second delisting announcement this week.

The target is Aragon (ANT), which will be suspended from trading in January/May 2024. It will be implemented on Coinbase.com, Coinbase Exchange, and Coinbase Prime.

Coinbase will not facilitate the redemption of ANT for ETH. If you still hold ANT after trading is suspended, you will need to redeem it using the Aragon team’s official redemption portal and a compatible self-custodial wallet.

— Coinbase Assets (@CoinbaseAssets) December 22, 2023

Coinbase said, “As announced by the Aragon Association, ANT holders can exchange their tokens for ETH until November 2, 2024, but Coinbase will not support the conversion of ANT to ETH. If you hold ANT, you must redeem it using a self-custodial wallet that is compatible with the Aragon team’s official redemption portal.”

In addition, it was just announced yesterday that the four names ATA, DREP, MONA, and SYLO will be delisted.

connection: Coinbase announces delisting of four virtual currency stocks

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— CoinPost (virtual currency media) (@coin_post) December 21, 2023

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