MultiversX is a blockchain intended to enable new applications, for users, companies and the Metaverse. In recent years, the team in charge of the project has multiplied the initiatives falling within the framework of its development in the cryptosphere. It has just taken a big step in this direction.
EGLD opens the door to greater exposure to the US market
On December 6, the team behind the MultiversX blockchain, announcement the listing on Coinbase of its native token, EGLD. Members of the crypto community can trade EGLD on Coinbase starting today, December 7. On the exchange, it will be the pair EGLD/USD.
“We are delighted with the listing on Coinbase. This is one of the most important steps to increase access to the MultiversX ecosystem through EGLD”said Beniamin Mincu, CEO of MultiversX.
This initiative aims to broaden the accessibility of the project worldwide. It comes a month after the announcement in Paris of products from the crypto ecosystem: xPortal, xWorlds and xFabric. These aim in particular to expand the scope and scale of the ecosystem, but also to promote its growth.
“Today, we are delighted to announce the listing of EGLD, the native token underlying the MultiversX blockchain, on Coinbase. It is the largest US crypto exchange by trading volume”, the team said. She also explained the reasons that led her to choose the exchange. “Launched in 2012, Coinbase is one of the most important gateways to the new digital economy. It is also the first crypto exchange to become a public company. It is therefore required to adhere to stricter compliance standards and financial audits, as well as to make its financial information and business operations public..
By listing EGLD on Coinbase, the crypto company is achieving one of the major axes of its development plans. EGLD will thus be available on a market of more than 180 million users, dispersed in more than 100 countries. This, not counting institutional clients.
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