Coinbase Adds Supports for New Crypto Project As Listing Spree Continues

Coinbase continues to support new crypto projects at a rapid rate, with the addition of Clover Finance (CLV) on Coinbase Pro.

Clover Finance is a blockchain operating system designed to bridge assets on various blockchains, making it easier to transact. The CLV token pays for transactions and enables votes for upgrades.

Coinbase is listing coins at a rapid rate in 2021, and recently added Mask Network (MASK), Rally (RLY), BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) to Coinbase Pro.

CEO Brian Armstrong said earlier this month that the top US crypto exchange is working to list as many altcoins as possible. He added that his company is currently looking at more than 100 altcoins.

Coinbase Pro will offer CLV order books trading on the dollar, the pound sterling, the euro, and Tether (USDT). CLV is not available on Coinbase.com or the company’s consumer mobile apps.

CLV is trading at $1.10 at time of writing, down from $4.63 on July 14, according to Coinbase.

Some people in the crypto community might have confused Clover with a separate project using the same ticker symbol. A different Clover (CLV) project skyrocketed from a low of $4.51 on Thursday to a high of $51.48 after the Coinbase announcement. That asset is trading at $26.15 at time of writing, according to CoinGecko.

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Featured image: Shutterstock/ArtStudio29