Coinbase continues to move forward on its goal of allowing customers to “have access… to at least 90% of the aggregate market cap of all digital assets in circulation” with the recent announcement that it is exploring 17 new token listings, a handful of which have yet to launch mainnets.
In this piece, The Block presents research into Coinbase’s practice of announcing asset explorations, and how venture capital-backed assets have dominated Coinbase’s 2019’s listing exploration announcements.
Coinbase’s July 13, 2018, announcement kicked off the firm’s practice of announcing assets it is exploring before an actual listing. The San Francisco-based startup explained that it does this “to remain transparent with our customers about support for future assets.” Since then, Coinbase has announced its exploration of 58 assets.
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