David Edwards
Coinbase’s token listings should be significantly expanded, according to Jesse Pollak, Head of the Base Protocol, who is asking the exchange to offer a greater range of cryptocurrencies from Base and other blockchain networks. His suggestion, which covers meme currencies, DeFi tokens, and cultural initiatives, is in line with the increasing need for more varied assets.
This drive coincides with continuing discussions on the regulation of cryptocurrencies and worries that the Securities and Exchange Commission (SEC) has undue control over Coinbase’s listing requirements.
Pollak’s Vision for Coinbase: From Scarcity to Abundance
According to Pollak, the crypto ecosystem ought to adopt a more inclusive strategy in place of one that is driven by scarcity. He emphasized the necessity for a broader marketplace that encourages innovation across all blockchain sectors by saying, “I want as many coins as humanly possible.”
Coinbase is subject to governmental restrictions, nevertheless. Brian Armstrong, a co-founder, admitted that the exchange had trouble getting token certifications because of SEC compliance regulations. He also emphasized how manual evaluations are impractical due to the enormous number of new tokens that are coming into the market—more than a million every week.
“Evaluating each one by one is no longer feasible,” Armstrong noted. “And regulators need to understand that applying for approval for each one is totally infeasible at this point as well (they can’t do 1M a week).”
The CEO of Coinbase suggests revamping the token listing procedure.
Armstrong has proposed switching to a blocklist strategy, in which only tokens that have been flagged are restricted, from a rigid approval-based method. Additionally, he suggested using customer evaluations and automated scanning to assist users in determining reliability.
In order to establish a smooth trading experience across centralized (CEX) and decentralized platforms, Armstrong also promotes further interaction with decentralized exchanges (DEXs).
Coinbase might be setting itself up for a market supercycle given the prospect of a more crypto-friendly regulatory environment under Donald Trump’s presidency. The exchange might greatly expand its token offers if regulatory obstacles are removed.
New additions like B3, MORPHO, VVV, TOSHI, and MOG show how dedicated Coinbase is to diversifying its assets.
Amid the DeFi boom, Base’s TVL rises to $3.13 billion.
Base, meantime, has grown at an exponential rate; as of February 11, 2025, its Total Value Locked (TVL) had increased from almost $0 in mid-2023 to $3.13 billion. With $14.87 billion in bridging assets and $4 billion in stablecoins, the network’s liquidity has improved.
With $1.057 billion in daily trading volume and about one million active addresses in the last 24 hours, Base continues to witness high participation even though it has slightly decreased from its peak of almost $4 billion.
