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Thursday, Apr 25, 2024

Coinbase Wants to List All Altcoins, Here's What's Coming Next

Coinbase Wants to List All Altcoins, Here's What's Coming Next

According to Coinbase CEO Brian Armstrong, the top US crypto exchange is working to list as many altcoins as possible.

Armstrong revealed to his 723K Twitter followers that the crypto exchange is doing its best to quickly and legally list every asset under the sun.

“Reminder about how Coinbase lists assets: our goal is to list *every* asset where it is legal to do so.”

Also, Armstrong emphasized that Coinbase does not make the decision whether to list an asset based on the supposed quality of the project. The exchange simply aims to list any asset that meets their legal standards:

“Outside of our listing standards (for safety/legality), we don’t offer an opinion on the value of each asset. We are asset agnostic, because we believe in free markets and that consumers should have choice in the cryptoeconomy. This is how we’ll have the most innovation.”

The CEO highlighted that when Coinbase makes the decision and lists an asset, it is not an endorsement of said asset.

The exchange has specifically called out in several blog posts, a number of crypto assets that they are looking into.

A number of those coins have been made available on the platform.

Out of the ones not yet launched on Coinbase, and are under consideration include:

Aragon (ANT)
Arweave (AR)
Ampleforth (AMPL)
Fetch.ai (FET)
Helium (HNT)
Hedera Hashgraph (HBAR)
Kava.io (KAVA)
Ocean Protocol (OCEAN)
Reserve Rights (RSR)
tBTC (TBTC)
Theta Network (THETA)
UMA (UMA)
DigiByte (DGB)
Horizon (ZEN)
Livepeer (LPT)
Render Token (RNDR)
Siacoin (SC)
VeChain (VET)

According to Armstrong Coinbase is closely looking into over 100 altcoins as they assess the crypto market.

Source: Coinbase Wants to List All Altcoins, Here's What's Coming Next – Fintechs.fi

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