Coinbase Sends Cease-and-Desist Letter to Startup Tokenizing Its Shares

Privately-held industry giant Coinbase has sent a cease-and-desist letter to cryptocurrency startup Swarm for the latter’s attempt to tokenize and sell the San Francisco cryptocurrency exchange operator’s shares. A Swarm spokesperson confirmed to CCN that the company had received a cease-and-desist letter from Coinbase but expressed optimism that the attempt to thwart Swarm’s plan would

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