In a blog post published the 5th of August, Coinbase announced the addition of eight new digital currencies in their platform. Algorand, Cosmos, Dash, Decred, Matic Network, Harmony, Ontology and Waves are the lucky ones. The announcement did not come as a surprise, as Coinbase started to warn clients of new listings since September.
The addition is going to extend the list further, with the first previous ones being: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, USD Coin, XRP, Stellar, Zcash, 0x, Litecoin, and the Basic Attention Token.
The latest additives may not be the last one, as the Coinbase team are “exploring the addition of a range of new assets. Over time we expect our customers around the world will have access through Coinbase to at least 90% of the aggregate market cap of all digital assets in circulation.”
Before the listing, the coins are subjected to a technical and compliance process, as well as special approvals in some jurisdictions. The main framework could be found here. The Coinbase Digital Asset Framework ensures the quality of the projects striving to be included in the platform.
Image c/o Coinbase