Coinbase fears tokenization rival Securitize, says Citron Research
Cantor Equity Partners II (CEPT), the special-purpose vehicle set to take tokenization firm Securitize public early this year, saw its stock rise Thursday after Citron Research backed the firm and criticized Coinbase (COIN) for withdrawing support for crypto market structure legislation. "Coinbase wants the benefits of CLARITY without the competition it would create," wrote Citron, led by Andrew Left. "[Coinbase isn't] pushing back because the bill is bad for crypto — they're pushing back because a cleane ...