Coinbase International, the futures arm of cryptocurrency exchange Coinbase, has announced that it will list the Morpho altcoin.
This listing actually marks a departure from Coinbase’s recent memecoin listing policy. Morpho is a DeFi token that has also received investment from Coinbase Ventures. However, the recently launched altcoin has yet to be listed on major cryptocurrency exchanges, including Binance and Coinbase’s spot market.
Morpho, which has a market cap of $197 million, did not experience any significant price reaction to its Coinbase listing.
*This is not investment advice.