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Despite Coinbase departure, only 28 companies have left Delaware this year

1. Coinbase moves incorporation from Delaware to Texas, joining a trend. 2. Only 28 companies deincorporated from Delaware this year. 3. Musk criticized Delaware for legal uncertainties prompting corporate relocations. 4. Coinbase's DOJ lawsuit may reflect ongoing legal issues in Delaware. 5. Texas offers favorable liability conditions, attracting companies like Coinbase.

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FAQ

Why Bullish?

Coinbase's move may indicate strategic growth and operational benefits in Texas.

How important is it?

The move highlights COIN's adaptability in a challenging regulatory environment.

Why Short Term?

The incorporation change may yield immediate operational advantages, influencing investor confidence.

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