Coinbase, a popular U.S.-based cryptocurrency exchange, is looking to add a slew of new assets to its listings. Their goal with all of this is to ensure that customers have access to at least 90% of all market cap available.
According to its blog post, the platform is looking at exactly 17 new assets to add:
However, it should be noted that there’s no guarantee of any of these assets being added. Instead, they’re sitting under review as of now.
Cryptocurrency assets under review at Coinbase fall under the platform’s Digital Asset Framework. This encompasses the many things that the platform examines before allowing an asset to be available for cryptocurrency trading. Such factors include but are not limited to the project’s code, security, governance methods, the team behind the project, and scalability.
On top of this assets are added “on a jurisdiction-by-jurisdiction basis, subject to applicable review and authorizations. The omission of assets from this publication does not disqualify any such asset from active review and potential listing.”
Of course, an asset making it to Coinbase doesn’t ensure its long-term safety, either. In fact, the platform’s UK branch only just delisted Zcash somewhat recently due to regulatory concerns.