Coinbase has officially moved its legal incorporation from Delaware to Texas, marking a strategic shift driven by the state’s pro-business environment. The decision mirrors Tesla’s prior relocation, aiming for greater alignment with its mission of promoting digital assets. CEO Brian Armstrong and Chief Legal Officer Paul Grewal highlight Texas’s favorable regulatory environment, lower litigation risks, and commitment to digital asset development as key motivators for the move. While the immediate impact is minimal on cryptocurrency assets and markets, this relocation signifies a broader shift within the tech industry’s strategy towards favorable business climates.