Coinbase announced that it listed the KAVA blockchain, which enables the interoperability of the Ethereum and Cosmos networks, on its exchange on January 18.
About Listing
With Coinbase’s listing of the KAVA project, a Learning Rewards Campaign has been launched. This campaign will provide users with information about the project, as well as an incentive to adopt the coin.
With the listing of on Coinbase, projects belonging to the ecosystem will be listed on the exchange, and coins can stake. Coinbase will also work with the project to unlock access to liquidity for projects in the Cosmos ecosystem.
The integration of Cosmos chains into Coinbase has been reduced from 12-18 months to 1 month. This will benefit the adoption and growth of the Cosmos ecosystem. Scott Stuart, CEO said:
“It’s exciting to see listed on the largest US-regulated exchange. Coinbase sets the standard as the most important on-ramp for new users and capital into the blockchain ecosystem. I look forward to growing Kava’s exposure to new users, which will have downstream effects for all protocols in the Kava Rise program and the Cosmos ecosystem.”
About KAVA
Procejt is a decentralized Layer1 blockchain that combines the speed and interoperability of the Cosmos blockchain with Ethereum. The project carried the Cosmos-EVM technology, which provides maximum speed, security, and scalability, to its developer incentive program called KAVA Rise in 2022. Designed to incentivize developers, the program selects and rewards the best protocols each month.
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