Dogecoin has become perhaps the most discussed – and certainly fastest growing – of cryptocurrencies in recent times.
Chief executive Brian Armstrong said that the company is keen on adding more assets, and that dogecoin would be one of those in the next “six to eight weeks”.
“Asset addition is something that’s near and dear to my heart,” he said. “There’s more and more assets being created in the crypto economy.
“I think it’s going to be something, kind of, like apps in the App Store or on the iPhone where there’s eventually millions of these assets created over time and so we’re putting a lot of work and thought into how do we accelerate our pace of asset addition, and one of those is Doge, as you mentioned, which has been getting a lot of attention recently.
“So, to answer your question directly, we plan to list Doge in the next six to eight weeks. And then more broadly, we’re going to be focused on how we can accelerate asset addition in the future.”
Later, Mr Armstrong said that the choice to add new assets to the platform would be made using a variety of different criteria, and said again that there’s “going to millions of different crypto assets out there”.
Coinbase would choose which to add by looking at cyber security concerns, as well as issues about regulatory and compliance, he said.
But he also said that Coinbase would look to “accelerate” that process, to avoid the danger that it would “not be able to keep up” with the vast amount of new assets being rolled out.
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.