Categories: Ripple

‘No Decision’ on New Assets, Coinbase Says Amid Ripple Rumors

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Coinbase said that it has "made no decision" about adding new cryptocurrency listings, including to its GDAX exchange service, amid rumors that the startup is gearing up to add Ripple's XRP token.

The speculation originated after it was revealed that Coinbase chief operating officer and president Asiff Hirji would appear alongside Ripple chief executive Brad Garlinghouse on a special episode of CNBC's "Fast Money" program on March 6. And despite any hard evidence of the presumed listing, the price of XRP rose to over $1 on Monday.

Following hours of radio silence on the issue, Coinbase took to Twitter to push back against the rumors, stating that a January statement about listing new cryptocurrencies - which details how a "committee of internal experts" ultimately makes those decisions - hadn't changed.

Our January 4th, 2018 statement continues to stand: we have made no decision to add additional assets to either GDAX or Coinbase.

Any statement to the contrary is untrue and not authorized by the company. https://t.co/X04oN6BcGp

— Coinbase (@coinbase) March 5, 2018

As for the planned CNBC segment, it's not entirely clear at this time whether Garlinghouse and Hirji will speak on a panel together or appear separately. Host Melissa Lee tweeted a screenshot of a promo for the crypto-themed segment earlier today, which also lists Passport Capital founder John Burbank and Social Capital founder and CEO Chamath Palihapitiya.

A spokesperson for Ripple declined to comment on the rumors when reached.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Ripple and Coinbase.

XRP tokens image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

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