The Cardano community has made a significant appeal to Coinbase, one of the largest cryptocurrency exchanges, urging it to begin listing Cardano native assets. This call comes on the heels of a recent clarification provided by Coinbase CEO Brian Armstrong regarding the exchange’s asset listing process.
In a statement shared with the community, Armstrong announced the publication of a new document titled “Guide to the Digital Asset Listing Process.” This initiative aims to address the multitude of inquiries the exchange has received concerning the criteria and mechanics behind asset listings. According to Armstrong, the objective of the guide is to enhance transparency and make the listing process more accessible to crypto project users.
The guide outlines that the application process for listings is free and based on merit. Each application is evaluated against consistent standards, with review times varying from hours to months, depending on the complexity of the asset being reviewed.
Coinbase is a crucial platform for Cardano’s native cryptocurrency, ADA, along with Binance and Upbit. The exchange has been expanding its support for ADA, and recently, it introduced a wrapped version of Cardano’s token, called cbADA, on the Ethereum layer-2 network, Base. This move allows Cardano holders to participate in the decentralized finance (DeFi) ecosystem, signaling increasing visibility for the project.
However, despite ADA’s growing presence on Coinbase, native assets from the Cardano network have yet to gain similar recognition. Since the Mary ledger upgrade, which supports multi-assets known as native tokens, members of the Cardano community have been vocal about the need for these assets to be listed. A prominent Cardano advocate on social media, Cardanians, has called on Coinbase to prioritize the listing of Cardano’s native tokens, emphasizing that the ecosystem deserves broader acknowledgment.
In related developments, Cardano founder Charles Hoskinson expressed optimism about the future of Cardano. He highlighted recent achievements, such as establishing a constitution, appointing hundreds of Delegated Representatives (DReps), and ratifying a budget—all accomplished within the past year. Hoskinson envisions a promising trajectory for Cardano over the next three to five years, suggesting that the project’s best days are yet to come.
