Coinbase announced that it has updated its roadmap for crypto asset listings and that the Syndicate (SYND) token has been included in this plan.
According to the company's official statement, the commencement of trading of the asset in question will depend on the provision of market-making support and the full readiness of the necessary technical infrastructure.
While Coinbase didn't provide a specific timeline for the listing process to ensure transparency and security for investors, it did state that a separate announcement will be made regarding when trading will begin. This step demonstrates the exchange's cautious approach to its listing strategy and its attention to market conditions.
The smart contract address for Syndicate (SYND) on the Base network has also been made public: 0x11dC28D01984079b7efE7763b533e6ed9E3722B9. This information is critical for investors to verify the token's official contract and be wary of fake smart contracts.
Coinbase has previously taken a similar approach to listings, activating trading pairs only if technical and liquidity conditions are met. Experts believe that including SYND on the roadmap will increase the token's visibility and attract potential investor interest.
The exchange warned users against fake tokens and scam attempts, and emphasized that listing rumors made outside of official announcements should not be trusted.
*This is not investment advice.