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Coinbase Prime Ends Custody Support for 49 Cryptos

Coinbase Prime Ends Custody Support for 49 Cryptos

byRitu Lavania
April 15, 2025
in Cryptocurrency Exchange News

Coinbase Prime has announced that it will end custody support for 49 crypto assets, effective at the end of April.

Coinbase Prime Stops Custody for Selected Cryptos

We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the end of the month.

View the full list of impacted assets here:https://t.co/C0KkKVxX6a

— Coinbase Institutional 🛡️ (@CoinbaseInsto) April 15, 2025

This extensive list of delisted cryptocurrencies includes: VideoCoin (VID), Coffee Token (CFT), BOSAGORA (BOA), FISCO Coin (FSCC), Sentinel Protocol (UPP), Cellframe (CELL), Ideaology (IDEA), Dorayaki (DORA), CPUCoin (CPU), SIREN (SI), Somnium Space Cubes (CUBE), UREEQA Token (URQA), Oraichain Token (ORAI), UniLend Finance (UFT), Carry (CRE), 0chain (ZCN), Nord Finance (NORD), MahaDAO (MAHA), YOP (YOP), Unipilot (PILOT), QASH (QASH), SparkPoint (SRK), Telcoin (TEL), MixMarvel (MIX), OnX Finance (ONX), EMBLEM (EMB), Newscrypto (NWC), Compound DAI (CDAI), NFTrade Token (NFTD), pNetwork (PNT), E-RADIX (EXRD), EDDASwap (EDDA), Indexed Finance (NDX), RioDeFi (RFUEL), GMO Internet (GYEN), 1717 Bissonnet (1717), The Edison (EDSN), Draper Garland Apartments (GFDG), Forest Crossing Apartments (GFFC), Hello Albemarle (HLAB), Hello Flatbush (HLFB), Hello Lenox (HLLX), Hello Nostrand (HLNO), Lakehouse Oakland (LHOK), Nottingham Village (NTVL), Core Fund (RSCP), Value Fund (RSVA), The Verge at Summer Park Apartments (TVSP), and Tower 27 (TWR27).

Coinbase Prime is known for its strict listing policies. As part of these rules, the exchange regularly  evaluates cryptocurrency assets and may remove those that breaches some standards or raise concerns related to regulation and market stability.

Coinbase Prime is not the only crypto firm taking such actions for users’ security. Just last week, Binance launched the second round of its ‘Vote to Delist’ initiative that allows eligible users to vote on whether underperforming or non-compliant projects should be considered for removal from the exchange.

Measures like delisting or removing cryptos that no longer meet norms of market stability are crucial, especially amid recent incidents of hacking and market crashes. Just yesterday, Mantra’s cryptocurrency, $OM, tanked due to cross-platform liquidation.

 

 

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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