Coinbase pushes DeFi narrative by considering listing Balancer, Curve, and AMPL

2020-8-1 03:49

Coinbase has become the latest company to join in on the DeFi craze by announcing potential listing 19 new digital assets on its platform. According to the company’s press release, popular DeFi protocols such as AMPL, Balancer, Curve, and WBTC could soon be added to Coinbase if they meet the exchange’s rigorous compliance framework.

More DeFi protocols could be coming to Coinbase Tokens being considered for listing (Source: Coinbase)

The incredible growth seen in the DeFi space has made the burgeoning new sector attractive to even the most conservative companies in the crypto industry. Coinbase, one of the largest and most heavily regulated cryptocurrency exchanges in the industry, has joined in on the DeFi craze and is considering adding many new projects to its platform.

According to the company’s blog post, Coinbase is currently considering adding 19 new cryptocurrencies to its exchange platform. And while new additions are nothing new for an exchange of Coinbase’s size, the fact that most of the coins it’s considering adding the near future are DeFi tokens is news-worthy.

Projects such as Balancer, Curve, WBTC, AMPL, and tBTC could get listed on Coinbase if they manage to meet the company’s technical standards and comply with applicable laws, the company said in its blog post.

DeFi tokens might soon benefit from the Coinbase effect

Aside from the four previously mentioned projects, Coinbase is also considering listing Ampleforth, Band Protocol, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, The Graph, THETA, and UMA.

All of these tokens could potentially benefit from the so-called “Coinbase Effect,” in which cryptocurrency projects that get listed on the exchange experience a significant surge in growth immediately after trading opens.

While this could have a short-term negative impact, causing major volatility for the tokens, the projects could see long-term benefits from being listed on a platform as big and as well-regulated as Coinbase.

The company noted that some of its customers might start noticing public-facing APIs and other signs that engineering work was being done on the platform. This will be a temporary nuisance as the company works on introducing support for these assets, Coinbase said in the blog post.

Nonetheless, even if the company decides to list these projects, it might not be available to all of Coinbase’s users. Due to different regulations in various regions where Coinbase operates, all of the tokens that do get listed will roll out on a jurisdiction-by-jurisdiction basis.

The post Coinbase pushes DeFi narrative by considering listing Balancer, Curve, and AMPL appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Defi (DEFI) на Currencies.ru

$ 0.0182135 (-17.70%)
Объем 24H $1.165k
Изменеия 24h: 74.29 %, 7d: -97.27 %
Cегодня L: $0.0182135 - H: $0.0182135
Капитализация $0 Rank 3233
Цена в час новости $ 0.4514 (-95.97%)

listing coinbase defi ampl curve considering narrative

Источник: cryptoslate.com

listing coinbase → Результатов: 126


Фото:

Coinbase Listing May Boost Bitcoin to $70,000 – Bloomberg’s Chief Analyst Says

Coinbase is now a publicly traded company after the grand listing by Nasdaq on 14 April finally went through. In addition to having a direct positive outcome for the largest US-based crypto-exchange in terms of increased valuation and trading volume, the listing also avails Bitcoin to a wider investor pool and is likely to drive […]

2021-4-15 11:32


Фото:

Coinbase отложила листинг акций до апреля

Биржа криптовалют Coinbase нацелена провести листинг своих акций на фондовом рынке в апреле, пишет Bloomberg со ссылкой на источники. По их словам, ранее предполагалось, что листинг состоится до конца текущего месяца.

2021-3-22 11:18


Фото:

OMG Increases Substantially After Coinbase Listing

The OmiseGO price has been increasing since May 8, having done so by 205%. The rate of increase greatly accelerated on May 15, and the movement has become parabolic since. It is possible that the reason for this accelerated increase was the listing on Coinbase, as evidenced by @Lawmaster, who stated that the coin has […] The post OMG Increases Substantially After Coinbase Listing appeared first on BeInCrypto.

2020-5-23 21:20


Фото:

Биржа Coinbase анонсировала листинг 17 цифровых валют

Криптобиржа Coinbase сообщила о намерении добавить в листинг монету GRAM и еще 16 новых активов. Торги с ними будут доступны уже с 21 сентября. Примечательно, что запуск токена GRAM планируется только через два месяца.

2019-9-20 18:39


Фото:

Ethereum Classic (ETC) Surges After Coinbase Consumer Confirms Listing

Over the past few weeks, Ethereum Classic (ETC) hit crypto headlines, as multiple exchanges finally announced fiat-to-crypto support for the popular cryptocurrency. Coinbase Consumer Meet Ethereum Classic Coinbase’s support for Ethereum Classic has been in the works for a while now, originally announcing that the firm’s engineering team had begun testing implementation in early-June.

2018-8-16 11:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Binance Labs spun-off into independent entity outside the Binance group umbrella

Binance spun off its $10 billion venture capital arm, Binance Labs, into an independent entity that will no longer be under the group’s purview weeks ago. Bloomberg drew attention to the silent change in a March 15 report, which revealed that Binance Labs had added a disclaimer about the change on its website earlier in […] The post Binance Labs spun-off into independent entity outside the Binance group umbrella appeared first on CryptoSlate.