Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows

Tiger sold 38,850 shares during the fourth quarter.

Investment firm Tiger Global Management sold its stake in crypto exchange Coinbase (COIN) late last year, according to a Wednesday regulatory filing.

Tiger Global's 13F filing with the U.S. Securities and Exchange Commission showed that it held no Coinbase shares as of Dec. 31. Three months earlier, it had 38,850 shares worth $2.9 million at the time, according to a previous filing.