TRX & 5 TRON Based Tokens Could Soon Be Supported by Coinbase Custody
Quick take:
Coinbase Custody has announced that it is exploring supporting multiple digital assets
On the list is TRX and five popular TRON based tokens
The latter include BitTorrent (BTT), Just (JST), Just Stablecoin (USDJ), WINK (WIN) and Sun Token (SUN)
Coinbase Custody is a trusted crypto custodian with its core clients being institutional investors
Support on Coinbase Custody could open the door for the listing of TRX on Coinbase
The team at Coinbase Custody has announced that they are exploring the addition of multiple digital assets as part of their plan to better serve their clients spread out across the globe. Aave (AAVE), Amp (AMP), Ampleforth (AMPL), Ankr (ANKR), ArCoin (ArCoin), Audius (AUDS), Barnbridge (BOND), BitTorrent Token (BTT), Centrifuge (RAD), Conflux Network (CFX), Curve (CRV), DFI.Money (YFII), Elrond Gold (EGLD), JUST (JST), JUST Stablecoin (USDJ), Meta (MTA), MovieBloc (MBL), mStable (MUSD), Neo (NEO), Nervos (CKB), Nexus Mutual (NXM), NKN (NKN), NuCypher (NU), Ontology (ONT), Paxos Gold (PAXG), Paxos Standard (PAX), Reserve (RSV), Reserve Rights (RSR), Request Network (REQ), Skale (SKL), SUN Token (SUN), tBTC (TBTC), Terra (LUNA), The Graph (GRT), Tron (TRX), VeChain (VET), WING (WING), WINK (WIN), Wrapped Bitcoin (WBTC)
Coinbase Custody’s Focus on the Asia-Pacific Region
Coinbase Custody is also currently exploring ways of expanding its user base in the Asia-Pacific region as explained in the following statement.
Support on Coinbase Custody Could Open the Door for Tron (TRX) Being Listed on Coinbase
The Coinbase Custody arm of the Coinbase company is geared towards storing digital assets in a secure manner for individuals and institutions that own large crypto holdings. In this case, it would be safe to conclude that a listing of Tron (TRX), BitTorrent (BTT), Just (JST), Just Stablecoin (USDJ), WINK (WIN) and Sun Token (SUN) could be possible on Coinbase once the team at the exchange is certain they would not be treated as securities in the United States.