The leading US-based crypto exchange Coinbase says it’s about to add support for two new digital assets.
Starting today at 9:00 a.m. PST, Coinbase says it will add spot trading for Plume (PLUME) and Jupiter (JUPITER), assuming liquidity conditions are met.
Plume is focused on bringing real-world assets onto the blockchain with a layer-1 network that scales RWAs like real estate and commodities for crypto users.
The PLUME token is designed to function as the native utility token of the Plume Network, powering transaction fees, staking, governance and ecosystem incentives to support the integration of real-world assets into DeFi.
Plume is backed by major investors including Haun Ventures, Galaxy Digital, Brevan Howard, and has received an investment from funds managed by private equity giant Apollo Global Management.
Jupiter is designed to power efficient DeFi on Solana as a comprehensive superapp.
It aggregates decentralized exchanges to optimize token swaps and trades, with access to features like perpetuals, lending for yields, portfolio tracking and launchpads for new tokens.
JUPITER is primarily a governance token for the Jupiter ecosystem, allowing holders to vote on platform direction, treasury and updates.
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Featured Image: Shutterstock/IR Stone