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Spot Trading for Avantis (AVNT) on Coinbase: Launch Details

Spot Trading for Avantis (AVNT) on Coinbase: Launch Details

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by Giorgi Kostiuk

4 hours ago

Coinbase has announced the launch of trading for Avantis (AVNT). This step is expected soon, depending on liquidity conditions in supported regions.

Announcement of Avantis Trading

Coinbase has officially announced its intention to include the Avantis (AVNT) token for spot trading. The token's availability will depend on liquidity conditions and is expected to be active soon.

Features of Avantis and its Development

Avantis is a token associated with a DAO platform that facilitates decentralized governance and treasury management. The platform was developed in partnership with Jesse Pollak, creator of the Base blockchain.

Market Expectations Post Listing

The launch of Avantis recorded a daily trading volume of approximately $200 million, with a market cap of $50 million. The listing is expected to attract significant capital inflows into the Base ecosystem, including tokens like ETH, BTC, and ZORA. Analysts suggest that it may draw considerable institutional and retail interest.

The announcement of Avantis trading on Coinbase highlights the importance of complying with U.S. regulatory norms while appealing to a broader investor base.

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