In a move that could rapidly expand the number of listed cryptocurrencies, Coinbase announced a new issue portal on Thursday. Resource hub.
“Today, Coinbase supports trading for more than 40 crypto assets in exchange for us and Coinbase Custody supports more than 90 crypto assets,” wrote Surojit Chatterjee, the firm’s chief product officer. Blog post. “Our instructions are the first step in streamlining the list process to list every potential loyal asset.”
Any asset provider can apply, Coinbase said. Applicants then follow the procedure and are either approved or denied.
Chatterjee writes, “We will maintain a standard evaluation framework to ensure that the assets we support meet our standards for legal, compliance, and technical security review.” I can’t guarantee whether the assets will be approved or not. “
Coinbase says the resource hub will make it easier for token projects to access “35 million verified users.” The move comes ahead of a planned public listing for the crypto exchange, which was valued at more than 8 8 billion in 2018.
Earlier this year, Coinbase created an open source technical framework for resource listing called Rosetta.
“The merger between Rosta and Asset Hub means that both of these products support the issuer,” senior product manager John Jetler told Kindesk through a spokesman. Committed. “