Coinbase, the San Francisco-based cryptocurrency exchange, has announced a new platform designed to help issuers list their assets more efficiently — and, possibly, without having to go through the cumbersome listing process currently employed by the firm.
Coinbase Asset Hub is a “simple, streamlined product for issuers to list their assets and business” with the exchange, said Surojit Chatterjee, Coinbase’s CTO. “The goal is a single interface at Coinbase for digital asset issuers to manage the full lifecycle of their assets,” he said.
The platform, which was introduced on Thursday, will maintain a robust evaluation process to ensure that every asset meets Coinbase’s legal, compliance and security requirements. Beyond that, issuers can get started with Asset Hub by filling out a formal application.
The application asks the issuer to list the asset name and ticker symbol, as well as answer a few questions about their product. Applicants are then taken through the compliance review process.
Some in the industry