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Citron Research Claims Coinbase Fears Tokenization Rival Securitize
Cantor Equity Partners II (CEPT), the special-purpose vehicle set to take tokenization firm Securitize public early this year, saw its stock rise after Citron Research criticized Coinbase for withdrawing support from crypto market structure legislation. The research firm led by Andrew Left argued that Coinbase is withdrawing support not because the bill harms crypto, but because it would benefit tokenization companies like Securitize. The move highlighted a power struggle in the crypto industry, with Coinbase facing competition from tokenization players such as Securitize. Citron Research’s recent post sharply ... (full story)
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