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Saturday, July 2, 2022

Coinbase Pro Announces it will be Listing Internet Computer’s ICP

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Coinbase Pro cryptocurrency exchange has disclosed that it has decided to list ICP once it goes live. ICP is the governance token of the Internet Computer. The firm also declared that it is gearing up to back ICP on its Coinbase Custody platform. Internet Computer is created by the DFINITY Foundation, and the initiative was earlier known as DFINITY.

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Furthermore, it has been disclosed that ICP is among one of the few tokens that will be accessible for trading on Coinbase Pro right after its rollout. Other examples of the token on the platform include The Graph’s GRT token and Ampleforth’s FORTH token.

As per the data of Crunchbase, Internet Computer / DFINITY have has been able to increase the $166.9 million in financing so far. This contains a $102 million round increased in 2018 that contains investors like Andreessen Horowitz and Polychain Capital.

Additionally, the Internet Computer indicates the third major innovation in blockchain after Bitcoin and Ethereum. The first blockchain to back smart contract software that operates at web speed serves user experiences directly to users and increases its compute capacity without bound. Moreover, it also raises the possible applications that can run on a public blockchain. It also enhances the reach of today’s blockchain ecosystem.

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