Market Analysis

Coinbase Pushing To Add As Many Crypto Assets As Possible – These Altcoins Could Soon Launch on the Exchange

Coinbase CEO Brian Armstrong says the top US crypto exchange is working to list as many altcoins as possible.

Armstrong tells his 723,000 Twitter followers that Coinbase is doing its best to quickly and legally list every asset under the sun.

 

“Reminder about how Coinbase lists assets: our goal is to list *every* asset where it is legal to do so.”

Additionally, the chief executive emphasizes that Coinbase does not decide whether to list an asset based on the supposed quality of the project. They aim simply to list any asset that meets their legal standards.

“Outside of our listing standards (for safety/legality), we don’t offer an opinion on the value of each asset. We are asset agnostic, because we believe in free markets and that consumers should have choice in the cryptoeconomy. This is how we’ll have the most innovation.”

In the same breath, Armstrong states that when Coinbase lists an asset, it is not at all an endorsement of said asset.

Across several blog posts, the exchange has specifically called out a number of crypto assets that it is exploring.

Since then, a number of those coins have launched on the platform.

Those that have not yet debuted on Coinbase and are under consideration include

  • Aragon (ANT)
  • Arweave (AR)
  • Ampleforth (AMPL)
  • Fetch.ai (FET)
  • Helium (HNT)
  • Hedera Hashgraph (HBAR)
  • Kava.io (KAVA)
  • Ocean Protocol (OCEAN)
  • Reserve Rights (RSR)
  • tBTC (TBTC)
  • Theta Network (THETA)
  • UMA (UMA)
  • DigiByte (DGB)
  • Horizon (ZEN)
  • Livepeer (LPT)
  • Render Token (RNDR)
  • Siacoin (SC)
  • VeChain (VET)

Armstrong says Coinbase is taking a close look at more than 100 altcoins as it assesses the crypto landscape.



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Featured Image: Shutterstock/Standret

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