Coinbase Global Inc. has announced its decision to move its state of incorporation from Delaware to Texas, citing concerns over legal unpredictability in Delaware's courts. The company is seeking a more innovation-friendly environment and greater legal clarity, a move that aligns it with other major tech companies, like Tesla, that have recently made a similar shift. In a series of posts on the social media platform X, Coinbase's Chief Legal Officer, Paul Grewal, confirmed that the company had filed the necessary paperwork with the U.S. Securities and Exchange Commission. The preliminary information statement filed with the SEC indicates that stockholders with a majority of the voting power approved the reincorporation on November 4, 2025. The company's business operations, leadership, and its stock listing on Nasdaq under the ticker "COIN" will remain unchanged following the move.