CEO Coinbase Brian Armstrong said that the exchange’s goal is to add support for all legally permitted crypto assets.
1/ Reminder about how Coinbase lists assets: our goal is to list *every* asset where it is legal to do so.
— Brian Armstrong (@brian_armstrong) June 28, 2021
“Beyond our listing standards (for safety/legal reasons) we do not express an opinion on the value of each asset. We are neutral toward them because we believe in free markets and in that consumers should have a choice in the crypto economy,” he added.
According to Armstrong, over time the platform intends to provide users with tools that will enable them to make “more informed decisions” about coins.
“But overall, do not regard a Coinbase listing as our public endorsement of the asset (in addition to meeting our minimum standards). Do your own research and exercise prudence,” the exchange’s chief executive stressed.
In early June, Coinbase added support for Dogecoin. The price of the coin rose by 18%. The Shiba Inu meme-cryptocurrency clone after listing on the platform rose by 22%, and the Polkadot project’s token — rose by 16%.