Coinbase, Exchanges

Will CELR Be Listed on Coinbase?

It’s been a big year for Coinbase. The San Francisco-based company went public on the NAsdaq in April, becoming the first major U.S.

cryptocurrency exchange to do so. And just last week, Coinbase announced that it had acquired the crypto startup Tagomi for $150 million.

Now, there’s speculation that Coinbase could be eyeing another acquisition: the crypto startup Celr. Celr is a protocol that allows for instant off-chain transfers of any ERC20 token.

NOTE: This is a speculative statement and not a guarantee of future events. There is no official confirmation that CELR will be listed on Coinbase, and any speculation about this is purely speculation. Investing in cryptocurrencies involves significant risk and it is important to do your own research before investing in any cryptocurrency.

And according to a recent report from The Block, sources close to the matter say that Coinbase is in talks to acquire Celr.

If the acquisition does go through, it would be a big win for Celr and its investors. Celr has raised $24 million from investors such as Pantera Capital, Sequoia China, and Polychain Capital.

And listing on Coinbase would give Celr’s native token, CELR, a major boost in exposure and liquidity.

As of now, there’s no telling if or when an acquisition might happen. But if Coinbase does acquire Celr, it could be a major boon for the crypto startup – and for the wider adoption of cryptocurrencies as a whole.

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