Summary
Coinbase's president, Emilie Choi, suggested that more companies might leave Delaware due to concerns about activist judges. Coinbase itself plans to move its corporate base from Delaware to Texas, partially because of a recent court decision in Delaware involving Tesla.
Key Facts
- Coinbase announced plans to relocate from Delaware to Texas.
- The move is partly due to concerns about activist judges affecting business decisions in Delaware.
- Emilie Choi mentioned a Delaware judge's decision that led to Tesla's exit from the state.
- Choi highlighted that the company is looking for business-friendly environments.
- She also spoke about the potential for a slowdown in the cryptocurrency market, known as a "mini winter."
- Despite possible downturns, Choi believes that quieter times often lead to significant innovation in the crypto sector.
