Coinbase Wants to List Your Crypto Asset

"Our directive is to list every compliant asset possible," the exchange wrote Thursday.

Jan 14, 2021 at 5:30 p.m. UTC
Updated Sep 14, 2021 at 10:56 a.m. UTC

In a move that could rapidly broaden the number of cryptocurrencies listed, Coinbase announced Thursday a new issuance portal called Asset Hub.

"Today, Coinbase supports trading for over 40 crypto assets on our exchange and Coinbase Custody supports over 90 crypto assets," the firm's chief product officer, Surojit Chatterjee, wrote in a blog post. "Our directive is to list every compliant asset possible. Streamlining the listing process is step one."

Any asset issuer can apply, Coinbase said. Applicants then go through the process and either get approved or denied.

"We will continue to maintain a standard evaluation framework to ensure every asset we support meets our standards for legal, compliance and technical security review," Chatterjee wrote. "Issuers may be subject to regulatory approval in some jurisdictions and we therefore cannot guarantee whether or when any asset will be approved."

Coinbase says Asset 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 over $8 billion way back in 2018.

Earlier this year, Coinbase rolled out an open-source technical framework for asset listings called Rosetta.

"The unifying theme between Rosetta and Asset Hub is that these products both support issuers," Senior Product Manager John Zettler told CoinDesk through a spokesperson. "We appreciate that the growth of the cryptoeconomy depends on the success of digital asset issuers, and we are committed to supporting issuers every way we can."

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
First a Hum and Then a Bang –Niagara Falls Residents Forced to Reckon With Crypto Mining

The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.

The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.

CoinDesk - Unknown
2
CoinDesk - Unknown
No es solo LUNA: las aplicaciones DeFi de Terra han perdido $28.000 millones

Los inversores han abandonado en gran medida el ecosistema Terra, ahora evidente en los protocolos DeFi en la blockchain, y los analistas siguen siendo escépticos sobre sus perspectivas a largo plazo.

Los inversores han abandonado en gran medida el ecosistema Terra, ahora evidente en los protocolos DeFi en la blockchain, y los analistas siguen siendo escépticos sobre sus perspectivas a largo plazo.

CoinDesk - Unknown
3
CoinDesk - Unknown
Crypto News Roundup for May 20, 2022

With bitcoin avoiding a steeper tumble and a look at what’s behind the biggest stablecoin of them all, CoinDesk’s "Markets Daily" is back with its latest news roundup.

With bitcoin avoiding a steeper tumble and a look at what’s behind the biggest stablecoin of them all, CoinDesk’s "Markets Daily" is back with its latest news roundup.

CoinDesk - Unknown
4
CoinDesk - Unknown
Bitcoin Drifts Lower, Support at $25K-$27K

BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.

BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.

CoinDesk - Unknown