Coinbase will consider listing Balancer, tBTC, WBTC and 16 other crypto assets
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
Among the candidates for listing are DeFi Protocol tokens, Ethereum-backed coins and other assets: 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.
The capitalization of most of these assets is relatively low — none of the coins in question is included in the top 30 ratings like CoinMarketCap or CoinGecko.
Representatives of Coinbase stressed that they will continue to explore new crypto assets. Over time, the company plans to cover "at least 90% of the total market capitalization of all digital assets in circulation."
Earlier, Coinbase added support for the Algorithand cryptocurrency. The coin soared in price by 30% after listing.
Also recently, the head of Coinbase, Brian Armstrong, told why his company does not add support for Monero (XMR).
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