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Coinbase Considering Support for 17 Additional Digital Assets

dcebrief

8mon ago

San Francisco-based digital currency exchange Coinbase announced Friday that it is considering 17 new digital assets for listings on its platform. The announcement comes just days after Coinbase launched support for the DASH token on the company’s professional platform, Coinbase Pro.

In a blog post announcing the news, the company confirmed that it is evaluating potential support for a number of digital assets that have not yet been launched. Coinbase provided a list of the 17 tokens it is currently examining. They include Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh, and Telegram.

According to the company:

Today we’re announcing that we are exploring the addition of a range of new assets. As part of the exploratory process customers may see public-facing APIs and other signs that we are conducting engineering work to potentially support these assets.

Coinbase also reaffirmed its goal of providing users with access to “at least 90 percent of the aggregate market cap of all digital assets in circulation” and vowed to continue to evaluate tokens based on factors like legal compliance, security, and “the project’s alignment with our mission of creating an open financial system for the world.”

While the company acknowledged that its ongoing review of the proposed tokens may not result in any of them being approved for listing in any jurisdiction, the announcement confirmed that Coinbase has expanded its exploration to include unlaunched assets that it may want to list in the future.

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