Coinbase to Expand Listing with 17 New Cryptocurrencies Including Telegram (GRM)
Top crypto exchange Coinbase has revealed its intent to list 17 new cryptocurrencies on its platform, including Telegram’s Gram token, Polkadot, Dfinity, and Filecoin.
According to the exchange’s blog post on September 19, 2019, the new coins will meet its technical standards and compliance requirements of each particular jurisdiction.
“Our decision to support any asset requires significant technical and compliance review and may be subject to regulatory approval in some jurisdictions. We therefore cannot guarantee whether or when any above-listed asset will be listed on a Coinbase product in any jurisdiction. As per our listing process, we will add new assets on a jurisdiction-by-jurisdiction basis, subject to applicable review and authorizations. The omission of assets from this publication does not disqualify any such asset from active review and potential listing.”
As the ultimate goal of the San-Francisco exchange is to offer to its global user base access to 90 percent of the overall market capitalization of all cryptocurrencies in circulation, Coinbase intents on listing 17 new tokens.
While Coinbase been so far quite reserved in adding support for new crypto assets, it seems like the exchange is ready to venture out into the unknown and to list upcoming tokens that are not yet launched.
“We have largely explored support for assets that are already live and available to trade on other venues. Today, we are announcing our intention to explore assets that have not launched and which Coinbase may choose to support in the future,”-stated Coinbase.
The new tokens to be listed on Coinbase will allegedly be Telegram’s Gram, Filecoin, Celo, Chia, Coda, Dfinity, Nervos, Handshake, Orchid, Polkadot, Spacemesh, Kadena, Mobilecoin, NEAR, Solana, and Avalanche.
The team also hinted that it will be adding more new coins:
“Our customers can expect Coinbase to make future, similar announcements as we continue to explore the addition of numerous assets across the platform.”
In other related developments, Coinbase’s trading platform for advanced users, Coinbase Pro added support for Dash (DASH) on September 17, 2019.
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