Major US cryptocurrency exchange Coinbase announced on Friday they’re exploring the possibility of listing over thirty new digital assets on its platform.
List of Potential Additions
The exchange, who have recently announced the support of privacy-based cryptocurrency Zcash (ZEC), have now stated they will begin to review the addition of new digital assets including:
Bread Wallet (BRD)
Golem Network (GNT)
Kyber Network (KNC)
Loom Network (LOOM)
Request Network (REQ)
Although this news is exciting for many crypto-fanatics, Coinbase have made it clear that they will only list new digital assets if they meet the company’s standards and if the assets are compliant with local law:
“as per our listing process, we will add new assets on a jurisdiction-by-jurisdiction basis, which allows us to add assets efficiently and responsibly.”
The exchange also noted that they cannot give a specified date or timeframe in which they’ll be listing new cryptocurrencies, but state that users can keep updated via their blog.
Pushing Crypto Forward
Coinbase are showing to be one of the most innovative companies in the crypto industry. It’s clear that the leading US crypto exchange aim to promote mass adoption of this nascent digital-based asset class.
Earlier this year, the exchange made the additions of other cryptos including Ethereum Classic (ETC), 0x (ZRX), Basic Attention Token (BAT), and their own US Dollar-pegged stable-coin — USD Coin (USDC).
A spokesperson for the exchange recently exclaimed the company’s ambitions for the future:
“As part of our mission to be the easiest and most trusted crypto wallet, we plan to add support for even more blockchains in the future.”
In November, the company revealed the opening of its over-the-counter (OTC) trading service for institutional investors, due to increasing demand for the service.