Coinbase, Inc. has announced that it has opened trading for POPCAT and Subsquid (SQD) tokens to residents of Germany, marking a significant expansion into the European market.
Coinbase's Expansion in Germany
As of June 2025, Coinbase has begun offering trading access for POPCAT and SQD tokens to users in Germany. This expansion is expected to enhance user access to cryptocurrencies in the European Union and increase overall market activity.
Expected Market Impact
The new offerings are anticipated to lead to increased trading volume and liquidity for tokens in Germany. Historically, such listings on Coinbase have produced temporary uplifts in token prices, but there are currently no confirmations from key figures in the crypto industry regarding anticipated changes.
Regulatory Aspects and Comments
Regulatory bodies such as BaFin have yet to make official statements regarding the new trading offerings. Coinbase continues to expand its offerings for residents in Germany, while the market remains stable in the short term.
The opening of trading for POPCAT and SQD tokens on Coinbase highlights the company's strategic expansion in Germany. This may lead to increased market activity, impacting liquidity, while regulatory changes remain minimal.
