By Surojit Chatterjee, Chief Product Officer
Cryptocurrency’s promise is to make money and payments universally accessible — to anyone, no matter where they are in the world. Creating an open financial system relies on us working together with the builders and the believers of the cryptoeconomy. At Coinbase, we have built one part of this vision, but we rely on a growing network of partners to help us expand the cryptoeconomy and drive industry adoption forward.
It’s important for issuers to know we want to work with them and that our door is open. With that in mind, we are excited to introduce Coinbase Asset Hub — a simple, streamlined product for issuers to list their assets and do business with Coinbase. Coinbase is already a center for crypto investing, with more than $320 billion in total volume traded, and has an expanding offering of crypto services. Asset Hub will streamline the asset listing process today, and expand the number of services offered to digital asset issuers in the months to come. The goal is a single interface at Coinbase for digital asset issuers to manage the full lifecycle of their assets.
We are proud to offer distribution power for issuers to potentially reach our more than 35 million verified users. Today, Coinbase supports trading for over 40 crypto assets on our exchange and Coinbase Custody supports over 90 crypto assets. Our directive is to list every compliant asset possible. Streamlining the listing process is step one.
We will continue to maintain a standard evaluation framework to ensure every asset we support meets our standards for legal, compliance, and technical security review. Issuers may be subject to regulatory approval in some jurisdictions and we therefore cannot guarantee whether or when any asset will be approved.
The cryptoeconomy won’t grow without the efforts of many, and digital asset issuers are a crucial group pushing the industry forward. We want to support you from day one. Get started today here.