Coinbase Gains Approval to List Security Tokens

Through three key acquisitions, Coinbase has gained regulatory approval to expand its asset offering and list tokens classified as securities.

Through the purchase, Coinbase secured an alternative trading system license, broker-dealer license and registered investment advisor license that will enable the firm to offer security tokens in compliance with regulatory authorities.

Although different from public stock exchanges, alternative trading systems offer many of the same services for emerging digital asset classes.

With the green light from regulators, Coinbase will be able to operate as one of the first regulated trading platforms to offer security tokens listed in initial coin offerings.

"If approved, these licenses will set Coinbase on a path to offer future services that include crypto securities trading, margin and over-the-counter trading, and new market data products."

Announced on June 13, 2018, Coinbase revealed the potential addition of Cardano, Basic Attention Token, Stellar Lumens, Zcash and 0x to its exclusive list of digital assets.

Today we are announcing that we're exploring the addition of the following assets to Coinbase: Cardano, Basic Attention Token, Stellar Lumens, Zcash and 0x. https://t.

Although it is still unclear whether these tokens will be classified as securities, the move aligns with Coinbase's recent acquisitions to meet regulatory compliance with an expansion of newly listed cryptocurrencies.

Through a trio of acquisitions and plans to list security tokens, it's becoming clear that Coinbase is preparing to maintain its first-mover advantage and remain at the forefront of cryptocurrency trading platforms.

Whether Cardano, Basic Attention Token, Stellar Lumens, Zcash and 0x will be made available for trading on Coinbase is yet to be confirmed.