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Marex Solutions Issues Coinbase-Linked Structured Product Offering a 40% Coupon

Marex Solutions, a derivatives-focused division of the London-based financial services provider Marex, unveiled a Coinbase (COIN) linked structured product that offers enhanced coupons in return for only partially protecting capital risk on the cryptocurrency exchange's shares.

The six-month barrier reverse convertible (BRC) note issued Wednesday offers a guaranteed annual 40% coupon paid monthly, providing holders with regular cash flow.

(By Omkar Godbole)

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