Foley & Lardner Partners on Why Coinbase Texas Move Is a ‘Win’

Foley & Lardner lawyers who guided Coinbase Global Inc.’s reincorporation journey from Delaware to Texas say it’s not only a “great win for the state” but also a victory for local law firms, which should expect other companies to make the same move.

Chris Converse and Christopher Babcock, partners in the firm’s Dallas office, led a team of attorneys in a months-long effort to set up the largest US-based cryptocurrency platform in the business-friendly environment in Texas. Coinbase said it filed its relocation plans with the US Securities and Exchange Commission on Wednesday.

Coinbase’s move represents “an opportunity staring ...