Australia's Novatti Group surges to 11-month high on Coinbase stablecoin listing deal

ReutersSep 24, 2025 2:59 AM

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Shares of Novatti Group NOV.AX rise as much as 58.6% to A$0.046, highest level since October 11, 2024

Payments company to list its stablecoin AUDD on Coinbase platform, per an agreement with Coinbase Partners COIN.O

AUDD will be available to trade on Coinbase's retail platform from September 29

It will be the first Australian dollar-backed stablecoin to be listed on the cypto platform

Trading volume at around 6.3 mln shares, nearly 10.3x 30-day average

YTD, NOV up 41.4%

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