Aave, Bancor, Ren, VeChain, Aragon, and DigiByte are all DeFi tokens that could be added to Coinbase in the future.
Aave, Bancor, Ren, VeChain, Aragon, and DigiByte are all DeFi tokens that could be added to Coinbase in the future. In the near future, the company said that it would make more announcements like this for its users. Most of the tokens it mentioned had grown between 8% and 25% in the last few hours.
Coinbase Considers Adding More Tokens
This could be a big move for a big cryptocurrency exchange in the U.S., Coinbase. This would allow the company to get even more of the market there.
There are 18 DeFi tokens that could be added to Coinbase in the future, according to the company. The announcement said that people should be aware that the process to list these tokens could lead to public APIs and other signs of engineering work on the platform.
All of these new assets, such as Aave, ARAGON, and ARWEAVE, are available. Aave is a new asset to the team. Aragon is a new asset to the team. Bancor is a new asset to the company. COMP is a relatively new asset. DigiByte is a brand-new resource. Horizen is a new asset to the team.
No Evidence of a New Asset’s Arrival
The market has reacted to the news that these DeFi tokens may be introduced to Coinbase. All of the 18 tokens mentioned rose between 8% and 25% in the wake of the news, but the company said it was still unclear if they would be added at all.
Coinbase said that listing tokens requires a lot of technical and compliance review, as well as a lot of regulatory approval in many U.S. states. So, the company can’t say when or if any of the coins on this list will be listed or even if they will be listed at all.
However, if any of these tokens were to be added to Coinbase, it would happen on a jurisdiction-by-jurisdiction basis, just like Coinbase does. That only 18 tokens were mentioned in the announcement doesn’t mean the company is only going to work on them. It said that in the announcement.
Thus, Coinbase says that their customers can expect more announcements like this in the future as they keep working on adding more assets to the platform.
“The views and opinions on this Crypto News Website are solely those of the authors and contributors. These views and opinions do not necessarily represent those of iBaseTrading or its partners.”