Aventus Network – the layer-2 blockchain protocol that brings scalability, speed, and lower costs to Ethereum transactions – this week announced its native utility token AVT has been listed on crypto exchange Coinbase. This listing marks a significant breakthrough for Aventus Network, the company said, as it opens up the purchasing and selling of AVT to Coinbase’s 73 million registered users who collectively trade $300 billion USD worth of cryptocurrency each quarter.
On Feb. 3 Coinbase went live offering an AVT – US Dollar (USD) pairing – so users can now purchase AVT with USD and vice versa. Coinbase also now accepts inbound transfers of AVT to its Coinbase Wallet infrastructure. Coinbase has also confirmed that it will be launching AVT – Euro and AVT – Tether (USTD) pairings in the future. Further updates on launch dates for these pairings and other developments will be published both on the Aventus and Coinbase Twitter feeds.
This listing punctuates the start of a promising year for Aventus Network, cementing its credibility and status as a leading player in the layer-2 blockchain space. Equipped with this vote of confidence, AVT tokens and their vast potential applications will now be available to a wider pool of prospective token holders than ever before.
“Listing on Coinbase is a pivotal moment for the Aventus Network,” Aventus Network co-founder and CEO Alan Vey said. “We want to make sure everyone has access to our token – and with Coinbase’s worldwide presence, immense user base, and high trading volumes, more people than ever can reap the benefits of AVT. We are now one step closer to fulfilling our vision of offering scalability and interoperability to businesses while providing greater rewards for token holders who stake their AVT. We have a number of major announcements and partnerships coming up this quarter, so watch this space.”
The move comes several weeks after AVT debuted on Bittrex Global.
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