🚨Citron Research denounced Coinbase for choosing to leave the support for crypto market structure legislation.
▫️It asserted that the exchange is worried about competition rather than the bill itself
▫️It also that Coinbase backed tokenization platform Securitize, who have the intention to go public via SPAC (Cantor Equity Partners II) in the first half of 2026
▫️Blackrock- backed Securitize has released more than $4B in tokenized assets and obtains relevant licenses, positioned to gain from clearer regulations