As one of the leading cryptocurrency exchanges, Coinbase has been at the forefront of the industry since its launch in 2012. In recent years, Coinbase has made a number of strategic acquisitions and partnerships, including with major crypto exchange Binance.
In May 2019, Coinbase announced its intention to list FTX Token (FTT) on its platform. FTX is a cryptocurrency derivatives exchange that offers a variety of products, including futures contracts and options.
This move was seen as a positive step by the crypto community, as it gave FTX exposure to a wider audience.
However, shortly after the announcement, Coinbase announced that it had reversed its decision to list FTX and would instead be listing Binance Coin (BNB). This change in plans was met with some criticism, as many saw it as a sign that Coinbase was putting its own interests ahead of those of its users.
In the end, Coinbase did not list FTX on its platform. This may have been due to regulatory concerns or other factors.
Nonetheless, the fact remains that Coinbase is one of the largest and most influential cryptocurrency exchanges in operation today. As such, its decision not to list FTX is significant.