Assured Guaranty Ltd
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Financials : Insurance | Small Cap Blend
Based in Bermuda
Company profile

Assured Guaranty Ltd. is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in such obligations. It guarantees obligations issued principally in the United States and the United Kingdom and also guarantees obligations issued in other countries and regions, including Australia and Western Europe. It also provides other forms of insurance that are in line with its risk profile and benefit from its underwriting experience.

Closing Price
$46.17
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
473,918
0

Coinbase's stock rises as crypto platform says U.S. customers can use debit card in Apple, Google wallets

2:08 pm ET June 1, 2021 (MarketWatch)
Print

By Mark DeCambre

Shares of crypto broker Coinbase climbed Tuesday, even as the broader digital-asset complex was sluggish following a listless weekend's trading for crypto.

At last check, Coinbase shares (COIN) were up by about 2% as the U.S.'s largest crypto platform said that it had forged an agreement (https://blog.coinbase.com/now-use-your-coinbase-card-with-apple-pay-and-google-pay-df951ad52c89) with Apple Inc. (AAPL) and Google (GOOGL)(GOOGL) mobile payment networks, whereby U.S. customers can now use its branded debit card in Google and Apple wallet applications for payments.

Coinbase said that it will automatically convert all cryptocurrency to U.S. dollars and transfer the funds to a customer's Coinbase cards for purchases and withdrawals, as well as provide rewards in crypto.

The crypto platform, which went public in mid-April, kicked off its debit card in the U.S. during the fall of 2020, a debit Visa card. The company launched a debit card in Europe and the U.K. in 2019 (https://help.coinbase.com/en/coinbase/trading-and-funding/other/coinbase-card-faq).

Coinbase's debit card has been supported by Google Pay in Europe since March 2020.

"Mobile phone payments are growing steadily in the US, up 29% in 2020," Coinbase wrote on its blog Tuesday.

Shares of Coinbase are down over 26% since the company listed on the Nasdaq Inc. on April 14.

Meanwhile, the broader crypto market was mixed, with bitcoin changing hands at $36,133.75, down 2% on CoinDesk. Ether on the Ethereum blockchain , the world's second-largest crypto by market value, was down 1.8% at around $2,560.

Traditional markets also were trading mixed, with the Dow Jones Industrial Average nursing a slight gain, while the Nasdaq Composite S&P 500 indexes were trading lower.

-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

June 01, 2021 14:08 ET (18:08 GMT)

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