Coinbase opens Tezos (XTZ) for millions of retail investors

Coinbase Tezos added to its retail platform and mobile apps. This step will provide access to cryptocurrency for millions of retail investors.

Token is based on dPOSthat governs itself, creating a true digital community. This facilitates formal verification, a method that mathematically proves the correctness of the code that controls transactions and improves the security of the most sensitive or financially smart contracts.

A week ago Coinbase added XTZ to Coinbase Pro, which saw it grow more than 16 percent in 24 hours.

In addition, Truffle, a popular Ethereum development package, recently announced support for Tezos in addition to Hyperledger Fabric and R3 Corda.

History of Tezos

Platform Tezos was launched with great success, and its ICO in July 2017 of the year brought 232 million dollars, which is one of the largest ICOs of all time.

After the ICO, a major dispute erupted between Tezos founder Johann Gevers and partners Arthur and Kathleen Breitman, owners of Tezos intellectual property rights.

As a result, the launch of the platform was postponed indefinitely. Token holders were outraged, and many sought remedies to recover their funds. The network was launched on 17 on September 2018 of the year.

Crypto Strategy Coinbase

Coinbase continues to actively open up new crypto assets. Once considered a "conservative" crypto-exchange, with a measured pace of adding new coins, it probably adhered to more stringent rules. Since the end of last year, the exchange has changed its strategy and is now actively adding more altcoins.

A change in strategy is perhaps a response to weakening Coinbase's market position. As a percentage of total US exchanges, Coinbase is losing market share compared to the currently dominant Binance.

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XTZ, which currently ranks 15 in terms of market capitalization, has grown by 9,54% in the last 24 hours. XTZ has a market capitalization of 994,64 million US dollars with sales for 24 hours of 19,8 million US dollars.

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