CoinList Reports Strong Year in Spite of Industry Adversity

CoinList, a primary issuance platform for digital assets as well as a trading platform (some US states and other countries), has distributed an updated on 2022. The company states that in spite of all of the challenges 2022 presented, it has been a strong year for its services.

CoinList reports adding one million global users from over 170 different countries, experiencing 80% growth in Eastern Europe and 20% in Asia.

Regarding primary issuance, CoinList claims over $115 million in token offerings during 2022. As well, over $50 milllin in staking rewards have been delivered to account holders while topping $400 million in monthly trading volumes.

In 2022, CoinList added nine new digital assets while incubating 18 early-stage digital asset firms.

CoinList says it has many new things in the pipeline without sharing any  details except that it will simplify its KYC process while redesigning the platform as well as “more exciting and compliant community sales.”

CoinList has always charted a path of being compliant, and with the SEC drums pounding louder – demanding crypto exchanges register with the Commission – it will be interesting to see how the firm evolves and adapts. By targeting non-US clients, CoinList is probably doing a far job of shielding itself from any draconian moves by US regulators.

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