Categories: Altcoins

Coinbase Adds Little-Known Crypto Asset to Listing Roadmap for Spot Trading


The crypto giant Coinbase just added a little-known crypto asset to its listing roadmap.

The exchange says it’s preparing to add Perle (PRL) to its platform for spot trading.

Perle (PRL) is the native token of the Perle ecosystem, issued and governed by the non-profit Perle Foundation.

Perle Labs is a Solana-based web3 AI platform that connects verified domain experts with enterprises and research teams to create high-quality, on-chain verifiable data for training AI models.

The PRL token is designed for governance, staking to receive priority access, rewarding expert contributors for data annotation and validation tasks, and powering payments within the Perle ecosystem.

Coinbase Markets says users can now generate deposit addresses for PRL on coinbase.com, the app and Coinbase Exchange in supported regions.

Coinbase says the launch of trading for these assets is contingent on market-making support and sufficient technical infrastructure.

The exchange will announce the launch of trading separately once these conditions have been met.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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