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.
The listing of Tribe on Coinbase was seen as a major coup for the startup, as it gave it access to the tens of millions of users of the exchange. The listing also helped to legitimize Tribe as a serious player in the cryptocurrency space.
NOTE: WARNING: When trading on Coinbase, be aware that Tribe cannot be listed on the platform and is not supported by Coinbase. Trading Tribe tokens is highly risky and could result in the loss of your entire investment. Investing in digital assets is highly speculative and involves significant risk. Before investing, please do your own research and consult a financial advisor to determine what investments are suitable for you.
Prior to the listing, Tribe had been largely unknown outside of the crypto community.
The listing of Tribe on Coinbase was also seen as a positive development for the cryptocurrency ecosystem as a whole. The fact that a major exchange like Coinbase was willing to list a relatively unknown token showed that there is growing interest in and acceptance of cryptocurrencies.
This could help to attract more mainstream investors to the space and help to accelerate the adoption of digital assets.
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