Increasing transparency for new asset listings on Coinbase

This blog was updated as of July 1, 2022 in order to reflect our previously disclosed position here to post only those assets we have decided to list. We have discontinued the list of assets under consideration and will continue to post those assets we have affirmatively decided to list to the “Roadmap” section.

As part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post to communicate when we have made a decision to list an asset.

Roadmap

Updates to the roadmap will be made here and announced via our official Twitter account.

Note: Transfers and trading are not supported for these or any other assets until a listing is officially announced. Depositing these assets into your Coinbase account before an official announcement may lead to permanent loss of funds.

The following assets are planned to be listed on Coinbase.

Assets on other networks

1. Hedera (HBAR)

ERC-20 tokens on the Ethereum network

1. Audius (AUDIO) — Contract address: 0x18aaa7115705e8be94bffebde57af9bfc265b998
2. Illuvium (ILV) — Contract address: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
3. Injective (INJ) — Contract address: 0xe28b3b32b6c345a34ff64674606124dd5aceca30
4. Pundi X (PUNDIX) — Contract address: 0x0fd10b9899882a6f2fcb5c371e17e70fdee00c38
5. XMON (XMON) — Contract address: 0x3aaDA3e213aBf8529606924d8D1c55CbDc70Bf74

SPL tokens on the Solana network

1. Raydium (RAY) — Contract Address: 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R

ARC-20 tokens on the Avalanche network

1. Pangolin (PNG) — Contract address: 0x60781c2586d68229fde47564546784ab3faca982

*This is not an exhaustive list of all assets which we have decided to list. Any asset not referenced in the above lists does not preclude any such asset from potential listing.

As a reminder, Coinbase recently introduced an Experimental label that may be applied to newly listed assets. Some of the assets mentioned above may be listed with this Experimental label.

Disclaimer & Risks: There will be times when an asset is delayed or removed from being planned for listing for any number of factors. While we will try to make every reasonable effort to minimize this risk of occurrence, it should be understood that all information in this blog is in no way intended to be relied upon as a promise or guarantee of listing. Coinbase reserves the right to discontinue this blog post.

Why have you decided to list these assets?

As mentioned during our launch of Asset Hub, our goal is to list every asset possible that meets our standards for legal, compliance and technical security. These standards do not take into account the market cap or popularity of a project. This means there are assets that we have concluded do not meet our standards and thus will not be listed on Coinbase at this time.

If we haven’t yet listed a popular asset, it is likely due to various reasons including:

1. We have concluded that the asset does not meet our minimum listing standards across legal, compliance and technical security
2. We do not have enough information about the asset
3. Technical integration work is required

Our review process is outlined in greater detail here.

How do you choose which “types” of assets to support?

We are working to add support for additional networks and ecosystems as we aim to provide the greatest inventory of assets to our users.

As of July 2022, we support 3 “types” of assets for trading on Coinbase:

1. Native assets on their own network (recent examples include MINA and STX)
2. ERC-20 tokens on the Ethereum network (recent examples include APE and GALA)
3. SPL tokens on the Solana network (recent examples include ORCA and FIDA)

Resources on listing criteria

• Proof of alignment
• A guide to listing assets on Coinbase
• A look into Coinbase’s commitment to compliant asset listings
• How Coinbase thinks about the legal review of new assets
• How Coinbase thinks about security
• Securing an ERC-20 token for launch on Coinbase

NOT INVESTMENT ADVICE

The content is for informational purposes only, is general in nature and should not be relied upon or construed as legal, tax, investment, financial, a promise, guarantee, or other advice. Nothing contained herein constitutes a solicitation, recommendation, endorsement, or offer by Coinbase or its affiliates to buy or sell any cryptocurrency or other instruments in any jurisdiction in which such solicitation or offer would be unlawful under the laws of such jurisdiction. Additionally, Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Finally, Coinbase has a conflict of interest policy that prevents board members or Coinbase employees from being involved in a listing decision where they have a financial interest.