Coinbase is reviewing 18 new crypto assets to see if they meet the technical and regulatory standards to be included on its platform.
The San Francisco-based firm says it’s exploring potential support for Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix, and VeChain.
The crypto exchange evaluates prospective digital assets to see if they meet the firm’s listing standards based on factors like security, compliance and project alignment to the company’s mission.
Says the exchange,
“As part of the exploratory process customers may see public-facing APIs and other signs that we are conducting engineering work to potentially support these assets.”
Support for assets is also subject to local regulations, so some of the assets may not become available in certain jurisdictions.
Ultimately, Coinbase says it aims to support 90% of the aggregate market cap of all digital assets.