Coinbase adds support for Concrete token CT, enabling deposits
Summary
Coinbase has announced it will add support for Concrete (CT), allowing users to generate deposit addresses for CT on their platform. However, deposits will not be available until the asset issuer unlocks transfers. This move comes as Concrete has established a native CT token and a dedicated foundation, aimed at facilitating governance participation and ensuring the long-term stewardship of its ecosystem.
Tokens
$CT
Analysis
Coinbase: Coinbase is a leading cryptocurrency exchange and platform that facilitates buying, selling, storing, and trading digital assets for retail and institutional users worldwide. It offers services such as spot markets, staking, and custody integrations across supported regions. In this news, Coinbase is expanding its asset support by enabling deposit address generation for the CT token on its website, app, and exchange. Concrete: Concrete is a DeFi infrastructure protocol focused on automated yield strategies, vaults, and on-chain asset management products. It recently launched the CT governance and configuration token on Ethereum alongside the Concrete Foundation to handle protocol decisions and treasury oversight. The project is directly relevant as Coinbase has initiated support for CT deposits following its earlier addition to the exchange's listing roadmap. Asset Integration: Coinbase has enabled users to generate CT deposit addresses ahead of transfers being unlocked by the asset issuer. Protocol Governance: Concrete introduced its native CT token and a dedicated foundation to support governance participation and long-term ecosystem stewardship.
Categories
cryptobase
Related sources
- https://x.com/i/status/2104750630850249187
- https://concretefoundation.xyz/blog/ct
- https://x.com/i/status/2104896407849283694
- https://x.com/BSCNews/status/2097852052776841718
- https://www.odaily.news/zh-TW/newsflash/516489
- https://www.bitrue.com/blog/concrete-ct-tokenomics
- https://www.bitrue.com/blog/what-is-concrete-ct-crypto
- https://x.com/concertcFNDR/status/2100785079534719156
- https://www.odaily.news/en/newsflash/516489
- https://x.com/ConcreteXYZ/status/2100677118090944922
- https://x.com/i/status/2105003194023657684
- https://www.panews.io/articles/01a0839d-6a3d-7772-8f2d-771d9bb738dc
- https://www.kucoin.com/news/flash/concrete-launches-foundation-and-governance-token-ct-with-1-billion-fixed-supply
- https://www.gate.com/news/detail/coinbase-adds-concrete-ct-to-asset-listing-roadmap-today-24124621
- https://www.chaincatcher.com/en/article/2288390
- https://x.com/i/status/2105003198608265356
- https://x.com/i/status/2104900159947845905
- https://www.bitrue.com/blog/concrete-tge
- https://phemex.com/news/article/coinbase-adds-concrete-to-asset-listing-roadmap-95934