Cryptocurrency exchange Coinbase considers listing 19 new digital assets
Coinbase has revealed that it is in the process of exploring a new series of assets ready for listing. It is their second announcement of this type this summer.
Coinbase is exploring the addition of 19 new digital assets, some are live, some are not. We will evaluate each against our Digital Asset Framework. It’s our goal to offer support for all assets that meet our standards and are compliant with local law. https://t.co/YY9pbMci66
— Coinbase (@coinbase) July 31, 2020
These new assets include: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA, UMA, and WBTC.
Now every asset is investigated in accordance with Coinbase’s Digital Asset Framework. The platform’s experts research a number of factors, including security, compliance and the project’s alignment with our mission of creating an open financial system for the world.
Besides DeFi, the list includes high-tech altcoins Hedera Hashgraph (HBAR) and Ocean Protocol (OCN), tokenized Bitcoin-pegged assets WBTC and tBTC and even stablecoin Paxos Gold (PAXG)—physically backed by gold bars. The latter asset may be in high demand very soon due to a significant increase in the XAU futures price on news of the record U.S. GDP drop.
Read more:
- Coinbase Continued To Enjoy Phenomenal Growth With Over 35 Million Users In 100 Countries
- Coinbase Continued To Enjoy Phenomenal Growth With Over 35 Million Users In 100 Countries