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

Novatti

24/09/2025 03:59

** 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%

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((keshav.singhchundawat@thomsonreuters.com))