2021-07-29 06:41:03
Keep on Listing, Coinbase
In June, Coinbase CEO Brian Armstrong indicated his desire to list as many assets as possible. Thankfully, that’s exactly what the company is doing.
Coinbase recently listed six new tokens. Here are the deets on all of them:
Mask Network (MASK): MASK enables social media users to trade cryptocurrency and interact with decentralized applications (not available in New York state).
Rally (RLY): Rally runs on the Ethereum blockchain, enabling creators and online communities to launch their own cryptocurrencies.
Clover Finance (CLV): Clover allows customers to pay for Clover transactions and vote on network upgrades. Coinbase supports CLV running on Ethereum (ERC-20).
Fetch.ai (FET): $FET is an Ethereum token that supports Fetch.ai, a decentralized machine learning platform for applications like asset trading, gig economy work, and energy grid optimization.
Paxos Standard (PAX): $PAX is a stablecoin running on Ethereum. Paxos Trust Company supposedly holds reserves fully backing each coin— Paxos Trust Company claims $PAX is the first US regulator-approved stablecoin.
Polymath Network (POLY): $POLY facilitates digital securities on the Polymath platform. The token seeks to tokenize and support trading of both traditional and new asset classes.
The listings couldn’t come at a better time. Crypto is rallying thanks to a boost from Amazon and a flash mob of billionaires flexing the bull case.
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