Now they are off Coinbase’s balance sheet. They used to be on. The shift highlights a lingering issue: Who ultimately owns those digital assets? The off-balance-sheet treatment suggests the customers ...

Coinbase’s balance sheet shrank drastically after the cryptocurrency exchange removed customer-held digital assets and liabilities due to an accounting change. Assets fell from $291 billion to $ ...

Coinbase is heavily invested in legacy and emerging cryptocurrencies, meaning there is lots of room for its balance sheet to appreciate as blockchain technology assets rise in valuation.

An odd thing happened when Coinbase COIN3.30%increase; green up pointing triangle reported its quarterly financial results last week. The bulk of its assets and liabilities abruptly disappeared.