The popular cryptocurrency exchange Coinbase has listed the decentralized platform token (PLAT) of the blockchain project Platform on its Pro platform. PLAT is now available to trade in all jurisdictions where Coinbase Pro operates.
The announcement was made on the official blog of Coinbase on March 18.
In February, it was reported that the U.S.
Securities and Exchange Commission (SEC) had given the green light to Coinbase for the listing of PLAT and other security tokens. At the time, it was also revealed that Coinbase is planning to list a number of new digital assets in 2019.
NOTE: WARNING: Coinbase does not currently offer Pla. Investing in coins that are not listed on Coinbase can be risky and unpredictable, so please do your own research before investing in any cryptocurrency.
With the listing of PLAT, Coinbase has become one of the first major cryptocurrency exchanges to list a security token. The move is in line with the exchange’s recent efforts to expand its institutional-grade offerings.
In September 2018, Coinbase launched its institutional-focused exchange, Coinbase Prime, and custody service, Coinbase Custody. Since then, the exchange has been onboarding a number of high-profile clients including hedge funds, family offices, and crypto asset managers.
The listing of PLAT on Coinbase Pro is likely to attract more institutional investors to the project. This could potentially lead to a significant increase in the price of the token.
10 Related Question Answers Found
MDT was listed on Coinbase on March 15, 2018. This was a momentous occasion for the company as it marked the first time that MDT was available on a major cryptocurrency exchange. Prior to this, MDT had only been traded on smaller, lesser-known exchanges.
SHIB was listed on Coinbase on May 6th, 2021. This marked a significant moment for the project, as it was now listed on one of the most popular cryptocurrency exchanges. This listing also opened SHIB up to a much wider audience of potential investors and users.
REQ was listed on Coinbase on October 12th, 2017. This date is significant for a few reasons. First, it was the first time that REQ was available to trade on a major cryptocurrency exchange.
Tribe, a cryptocurrency startup, was listed on Coinbase in July 2018. The listing came after the firm announced a partnership with the exchange to enable its users to buy, sell, and store digital assets. Prior to the listing, Tribe had raised $3 million in seed funding from investors such as Andreessen Horowitz, Union Square Ventures, and Boost VC.
Function X, also known as FX, is a decentralized application platform that allows for the creation and deployment of dApps on a decentralized network. The FX platform is built on the Ethereum blockchain and utilizes smart contracts to enable developers to create dApps that are not subject to censorship or downtime. Function X was listed on Coinbase in July of 2017.
NU was listed on Coinbase on October 7, 2019. This was a momentous occasion for the NU community, as it marked the first time that the NU token was available on a major cryptocurrency exchange. Coinbase is one of the most popular and well-respected exchanges in the industry, so this listing gave NU a lot of credibility and exposure.
TRB was listed on Coinbase in July 2018. This was a major moment for the team as it marked validation from one of the most well-respected exchanges in the world. The listing also opened up TRB to a whole new audience of potential investors and users.
Suku was listed on Coinbase on September 25th, 2018. Suku, a digital currency startup, has announced that it is now listed on Coinbase, one of the world’s leading cryptocurrency exchanges. This listing will enable Suku to offer its services to a wider range of users and expand its reach in the digital currency space.
Coinbase, one of the most popular cryptocurrency exchanges, went public on April 14, 2021. The highly anticipated IPO was a major event for both the crypto industry and Wall Street. Coinbase is now the first major crypto company to be publicly traded.
IoTeX is a blockchain platform that enables next-generation IoT devices to have trustless interactions with each other and with the outside world. It uses an end-to-end IoT protocol that supports all kinds of data, from identity and provenance to payments and communication. IoTeX was founded in 2017 by a team of Ph.