Coinbase's COO recently appeared on CNBC and said that the exchange will try to be as many as possible. Coinbase is the ultimate venue.
200-300 meaningful coins out of total 3000 odd coins
In a very candid interview to CNBC 'Fast Money, Asiff Hirji, COO of one of the world prominent crypto exchange, spilled out the beans on a variety of topics in relation to exchanges outlook for the coming year. Hirji touched up was listing newer coins on the platform. Hirji, who was pretty straightforward in answering, said that To quote him, he mentioned,
Bitcoin was the only coin that mattered in the cryptocurrency and then Ethereum came along. Now we are at a point where there are 3000 or 4000 currencies that are out there and there are probably 200 of those that mattered and you should assume that over the course of time, add to the cryptocurrencies that matter in as many geographies we are allowed to add them "
A similar sentiment was sighted by Coinbase Vice President Dan Romero Laura Shin's podcast Uncategorized. Romero cited huge customer demand as the primary factor for adding more coins. He went on to say that "the ability to switch cryptocurrencies is a core piece of functionality in the ecosystem."
Coinbase cryptocurrency list is increasing at a fast rate
Earlier this month, Coinbase Pro announced that it was launching support for Civic, District0x, Loom Network and Decentraland's tokens. ERC 20 prospective assets against its Digital Asset Framework to assessing factors like security, compliance, and the project's alignment with the exchange for the world.
Hirji also sounded that institutional investors that have invested in Bitcoin before investing. He said, for institutional investors, will be making money in the long term. On being asked about the IPO, Hirji mentioned that there is a long way for Coinbase to consider an IPO.
Hirji's words provide a ray of hope to a lot of coins and projects out there. But Coinbase will definitely be selective in what it picks up. The coins, aspiring to be on Coinbase, will be the best to find a listing.
Will we see a flurry of listing on Coinbase in 2019 or will it continue to pick only a few of them? Do not use your views on the same.