TechFlow news, according to The Block, on page 68 of its S-1 registration form filed with the U.S. Securities and Exchange Commission (SEC), cryptocurrency exchange Coinbase indicated it might raise additional funds to support business growth, potentially issuing new shares or securities in the form of blockchain tokens linked to customer rewards or loyalty programs. In the filing, the company stated, "If additional equity securities are issued, including in the form of blockchain tokens, existing shareholders may be diluted, and such new equity securities may have rights senior to those of the currently authorized and outstanding common stock." While the risk disclosure section mentioning blockchain tokens does not imply that Coinbase has specific plans in place, it indicates the company has considered this possibility to some extent.
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