Let’s address why Coinbase hasn’t listed RVN from the viewpoint of a public company

Cryptocurrency News and Public Mining Pools

Let’s address why Coinbase hasn’t listed RVN from the viewpoint of a public company

Coinbase is a publicly traded company who had their IPO (Initial Public Offering) in spring 2021. Coinbase has a lot of investors and needs to impress those investors with successful ventures. One of those ventures could very possibly be listing Ravencoin.

Imagine yourself owning shares of Coinbase. You want the company to succeed. Coinbase lists Ravencoin right after the halving in early January 2022. After a few weeks (or months) of Ravencoin being listed on Coinbase, the price skyrockets, and now the RVN that Coinbase is holding and offering through their exchange has gained immense value.

To the eye of an investor, this looks like Coinbase made an intelligent move to list Ravencoin. To us crypto junkies, it seems like a logical move, especially if ETH goes Proof of Stake in Q1 2022.

Overall, I am speculating that Coinbase is waiting to list Ravencoin purely based on an investment standpoint. This is not financial advice.

submitted by /u/menardo3
[link] [comments]