Capital markets

Coinbase (COIN) announced the pricing of $1.3 billion each in 0% Convertible Senior Notes due in 2029 and 2032 through a private placement, exceeding initial expectations. Net proceeds are projected to be $2.56 billion, potentially rising to $2.96 billion if underwriters fully exercise their options. Coinbase intends to use the funds for general corporate purposes, including strategic investments and potential share repurchases. The notes are senior, unsecured obligations with conversion prices representing premiums over Coinbase’s August 5, 2025 closing price.

IREN Limited has appointed Anthony Lewis as its new Chief Capital Officer to bolster its capital markets strategy and fuel aggressive growth in the AI infrastructure sector. Lewis brings over two decades of financial markets experience, including a significant tenure at Macquarie Group, to shape IREN’s capital structure and financing initiatives.

BioSig Technologies and Streamex Exchange have appointed Mitch Williams, CFA, as Chief Investment Officer, a move aimed at tokenizing real-world assets, particularly commodities. Williams brings over two decades of capital markets experience, including leadership roles at OppenheimerFunds and Wafra Inc. His expertise will guide Streamex’s commodity market strategy, leveraging blockchain technology to unlock value in the $142.85 trillion global commodity market.