After taking their very very sweet time Coinbase is finally starting to get it moving when it comes to listing new coins on their exchange. One of the many complaints against Coinbase was the issue of the number of cryptos you had access to. This not only handcuffed the people using the exchange but more importantly for a company that is getting ready to go public it handicaps the number of transactions on their platform thus lowering the amount of money that they can make. In this regard, Coinbase going public is huge in getting them to finally kick it into gear and start listing new coins. 

For the longest time, it was really just the coins with the largest market caps that were listed and tradeable on the exchange but that has really started to change since the start of the year. In just the last two weeks alone Coinbase has added a whopping 6 coins to its platform which might not seem like a lot at face value but when you now see they have 51 tradeable assets you see how important these additions really were.

These additions also continue the trend that Coinbase has started in diversifying the sectors or themes of what the different coins are to accomplish. They brought on coins that deal with DeFi, prediction markets, coins with their own blockchains, and coins that are to serve as links between blockchains. The newest editions came in two groups with 3 coins each and in the first group you had Polygon (MATIC), SKALE (SKL), and SushiSwap (SUSHI). Polygon is a scaling solution coin. SKALE is an Ethereum compatible network that is designed to run an uncapped number of independent nodes that provide resources to decentralized elastic blockchains. SushiSwap as many people on this website know about is a huge DeFi platform like Harvest Finance or Compound (another coin listed on Coinbase).

The Second group provided another 3 coins Ankr (ANKR), Curve (CRV), and Storj (STORJ). Ankr is a distributed computing platform that brings affordability to developers to build and deploy on multiple blockchains. Curve like many know is a huge decentralized exchange and market maker. and Storj powers a decentralized cloud storage network much like Filecoin does! 

Coinbase still has several downfalls to how it operates but it is really nice to see them adding all of these new coins/projects. The publicity of the IPO is going to make these projects and what they are trying to accomplish a lot more well known as they will be publicized along with Coinbase. While Bitcoin will remain the dominant player this publicity allows more people to further engage in crypto and blockchain.