Crypto

Singapore Firm Sells 89% of Coinbase Holdings

Guavy AI Editorial Team Published September 5, 2026

Step Capital Management Pte. Ltd., an investment firm based in Singapore, has significantly reduced its holdings in Coinbase Global Inc.

In a recent filing with the Securities and Exchange Commission (SEC), it was revealed that Step Capital Management sold approximately 80,800 shares of COIN stock during the second quarter, reducing its overall holding to 10,000 shares.

This sale represents an 89% decrease in the company's holdings in Coinbase Global.

The Wire

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