According to an announcement made on its blog, Coinbase will add support for Gram token among other 16 new cryptocurrencies. The exchange will support the digital assets on a jurisdiction-to-jurisdiction basis. Other cryptocurrencies to be supported on one of the largest crypto exchanges, include Filecoin, Polkadot (DOT), Dfinity, and many others.
Boosting the Register
Coinbase’s plan to list the 17 new digital currencies fulfills its goal to provide its clients worldwide with access to not less than 90 percent of the total market capitalization of all cryptocurrencies in circulation. Coinbase also added that it would support a bunch of new altcoins as long as they meet the exchange’s technical standards and remain in compliance with relevant regulations.
Coinbase is one of the mainstream crypto exchanges with the highest standards, especially when it comes to listing crypto assets. The exchange has been offering supports only for tokens that have already appeared on other Bitcoin trading platforms. However, this is slowly changing. The exchange is warming up to tokens that have not been listed on other exchanges.
Part of the blog reads:
“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.”
Telegram’s Gram Token in the List
In addition to Gram token (GRM) , Coinbase will add support for Celo, Chia, Coda, Spacemesh, Handshake, Mobilecoin, Solana, NEAR, Nervos, Avalanche, and the ones previously mentioned.
Importantly, Coinbase has hinted its plans to identify new crypto assets that conform to its Digital Asset Framework on matters concerning compliance, security, and alignment with its mission to support the growth of decentralized finance and creating an open financial system for everyone.
