Coinbase Lists Across Protocol (ACX)

Coinbase Lists Across Protocol (ACX)

Coinbase, one of the leading cryptocurrency exchanges, has announced the listing of Across Protocol (ACX). Trading for the ACX-USD pair is expected to begin on or around August 21, 2023, at 12 PM ET, if liquidity conditions are met. Across Protocol is a decentralized cross-chain interoperability protocol that enables the seamless transfer of assets and data across different blockchains. The ACX token is the native utility token of the Across Protocol ecosystem and is used for staking, governance, and payment of transaction fees. The listing of ACX on Coinbase is expected to provide increased exposure and liquidity for the token. Coinbase is a highly reputable exchange with a large user base, and the listing of ACX on the platform is likely to attract new investors and traders to the project. The addition of ACX to Coinbase's roster of supported cryptocurrencies is a positive sign for the growth and adoption of decentralized finance (DeFi). As DeFi protocols continue to gain traction, it is becoming increasingly important for users to have access to a wide range of interoperability solutions to move their assets and data between different blockchains. The listing of ACX on Coinbase is a significant step forward for the Across Protocol team and the broader DeFi community. It is a testament to the growing importance of cross-chain interoperability and the increasing demand for solutions that enable the seamless movement of assets and data across different blockchains.