Coinbase Pro Trading Platform Will List Tezos in August

Coinbase, popular cryptocurrency platform of the US, is listing Tezos (XTZ) to it institutional level trading platform Coinbase Pro. The platform will start accepting XTZ deposits beginning August 5. The company intends to follow the steps it implemented while adding cryptos previously:

1. Transfer-only facility.
2. Post-only feature.
3. Limit-only attribute and lastly
4. Full trading facility.

Furthermore, the exchange will soon post necessary guidelines on Twitter. The listing can be accessed by clients of all jurisdictions in the US, except New York State.

The company also pointed out that Tezos is not offered on its main website, Coinbase.com or its mobile apps. Along with cryptocurrency XTZ, Tezos allows smart contracts and proof-of-stake voting through crypto ledgering facility.

Notably, BTG Pactual, a key Latin American investment bank, stated that it intends to transfer its security token offerings onto the Tezos blockchain and smart contracts platform. Dalma Capital, which has collaborated with BTG Pactual, also intends to use Tezos to tokenize a range of digital assets such as real estate, equity lending, and also global sports clubs.

Dalma Capital, who has partnered with BTG Pactual, is also planning to use Tezos to tokenize a variety of assets, including real estate, equity, lending, as well as global sports clubs. Last month, Tezos has contracted a former PwC executive as the CFO of company.

Admiring the capability of PwC executive Roman, Tezos Foundation president Ryan Jesperson said:

“As the foundation continues to provide resources to a growing Tezos ecosystem, the CFO and operations lead will be critical to our success. Roman’s experience makes him the ideal finance and operations specialist for our team. He is already familiar with the opportunities and challenges blockchain projects face and has a deep understanding of the Tezos Foundation from his time at PwC.”