Will TRX Be Heading To Coinbase?
The biggest digital currency exchange in the United States, Coinbase has once more confirmed that it is planning to list more cryptocurrencies on its platform.
This news came to light in a release that told the crypto space of its Series E financing to accelerate the growth of digital currency in the world yesterday, 30th October.
In a press release, Coinbase stated its plan to list more and more digital currencies on its platform. However, the release didnât detail the names of the cryptocurrencies that would be listed. However, several crypto fanatics speculated then that Rippleâs XRP would be a feature of the plan. This news and the prospect of Ripple getting listed as a key factor among others for the sudden rise of the crypto during this period.
After the announcement that more coins/tokens will be heading to the exchange, several enthusiasts began to speculate whether XRP and TRX will be featured. Thanks to the released made on Series E financing for speeding up the adoption of cryptocurrency.
In the release, Coinbase said:
âAn additional $300 million of investment at a post-money valuation of over $8 billion to accelerate the adoption of cryptocurrencies and digital assets. The Series E equity round is led by Tiger Global Management, with participation from Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and others.â
The financing was mentioned and that it would be used to accelerate its global expansion, the listing of more cryptocurrencies and being able to provide a basic structure to bring in more organisations to invest in crypto. These are all focused on at the global adoption of cryptocurrencies.
In addition, digital currencies which have less prominence to Ripple and TRON are currently listed on the platform. The two digital currencies have seen growths of recent, with Ripple teaming up with several financial institutional platforms offering its blockchain platform for a real-time settlement and TRON has seen the launch of its mainnet which leads it to be a legitimate crypto.
As said by ZyCrypto:
âCoinbase is a San Francisco, California based crypto exchange. The platform exchanges Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin with fiat currencies in about 32 countries.â
The exchange thinks that digital currency and the blockchain technology are a sign of a breakthrough in computer science which will change both the internet and the global financial system for the better. This is usually seen as the innovator for whatever the next phase of the internet will bring.
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