Coinbase has just announced that they will expand their altcoin roster by adding two new assets: Akash Network (AKT) and Ronin (RON). Akash Network is renowned for its decentralized cloud computing platform, while Ronin is an Ethereum sidechain specifically designed for blockchain gaming.
This list is believed to align with Coinbase’s development strategy, focusing on transparency and transaction clarity to serve customers optimally.
The official announcement on Coinbase’s Twitter has garnered attention from the trading community and investors, with Akash Network rising by 15% in the past 24 hours and Ronin increasing by 2.39%.
Coinbase approaches the listing of new assets with caution, prioritizing compliance with regulations, technical security, and project quality over market popularity. This helps reinforce Coinbase’s trust and credibility within the cryptocurrency community.
However, users should note that depositing funds and trading AKT and RONIN will not be supported until an official announcement from Coinbase. Compliance with official announcements is crucial to avoid unnecessary financial loss.