TechFlow news — Coinbase released a legal disclosure today on its blog regarding listing procedures, employee trading, and investment activities by Coinbase Ventures. Coinbase stated that Coinbase Ventures has never sold any of the tokens it has invested in and may potentially liquidate liquidity in the future, but currently has no plans to sell. Its investment division operates independently from the token listing team.
Additionally, Coinbase noted that new token listings are determined by a committee called the "Digital Asset Listing Group." The majority of assets reviewed by this group are submitted by issuers through the Asset Hub portal, and most of these submissions are ultimately rejected. Coinbase also emphasized that all employees are prohibited from trading tokens that are under consideration for listing. (Original link)
