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CoinList launches crypto exchange for institutional traders

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The CoinList platform for conducting token sales has launched the cryptocurrency exchange CoinList Pro for accredited investors.

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⚡️ CoinList has always been the first place to buy promising new #crypto assets like @blockstack, @Filecoin, @solana, and @CeloOrg through their token sales.

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Now, it is also the first place to trade them.

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Introducing CoinList Pro 🚀https://t.co/sVpyLI6NnJ

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— CoinList (@CoinList) July 30, 2020

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\nThe initial assets listed on the new platform were Bitcoin, Ethereum (ETH), Algorand (ALGO), Orchid (OXT) and CELO. The token sale for the latter occurred on CoinList in May this year.

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The company said it intends to add support on CoinList Pro for tokens from other platform partners, including Solana, Nervos and Blockstack.

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In 2017, CoinList hosted the Filecoin project ICO worth $257 million. CoinList Pro plans to be the only exchange to support trading the Filecoin token on its first day of launch in September.

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According to the statement, the exchange is supported by \”the two largest market makers in the world,\” who invested in CoinList as part of the deal.

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As custodians, CoinList Pro partners with Anchorage, Bison Trails, BitGo and Gemini Custody.

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Earlier, CoinList raised $10 million in another funding round with participation from Polychain Capital and Twitter CEO Jack Dorsey. With the proceeds, it launched the trading platform CoinList Trade.

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