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Four new projects on Coinbase Pro

October 28, 2021
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Four new projects on Coinbase Pro

Today, Coinbase Pro announced that it will list Kryll (KRL), LCX, SUKU and OriginTrail (TRAC).

The four projects launched this time are relatively niche. Some community users may not know them. In this article, let’s take a look at these four projects together!

Kryll (KRL)

Kryll is an automated platform for cryptocurrency trading. Through its designed trading strategy editor. Even if users do not have programming skills, they can easily create trading strategies. On Kryll, you can also rent out your own winning strategies and get extra rewards.

In July of this year, Kryll received an investment from 100x Ventures, the venture capital arm of BitMEX’s parent company. However, the amount of investment was not disclosed.

LCX

LCX is a compliant cryptocurrency exchange. The full name is Liechtenstein Cryptocurrency Exchange. The platform has completed compliance and complies with Liechtenstein local regulations.

LCX mainly serves institutional investors and professional investors. They can provide them with services such as trading, custody, and fiat and cryptocurrency transactions, and establish a fully regulated blockchain ecosystem.

LCX has previously announced a partnership with Binance to establish a joint venture company Binance LCX, launching a fiat currency trading platform for global customers.

SUKU

SUKU is a set of blockchain-based supply chain solutions designed to make business activities more transparent and efficient.

It currently has three products:

  1. DeFi: Provide decentralized financial services for supply chain participants. Supply chain participants (such as farmers, manufacturers, and distributors) are rewarded by sharing product information in SUKU, and may benefit from blockchain-based DeFi.
  2. Omni: Help companies to better serve conscious consumers through transparency and technology, and help consumers find authentic, transparent, and verified products.
  3. Infinite: Help consumers verify the authenticity of luxury goods, especially in the secondary market. INFINITE helps companies certify products, and helps consumers obtain products and verify product ownership.

OriginTrail (TRAC)

OriginTrail is a set of blockchain-based supply chain solutions. It can provide highly relevant data storage, processing and seamless circulation in the supply chain industry, enabling related companies in the industry to exchange data safely and conveniently, protecting brands and improving efficiency.

It is worth mentioning that OriginTrail is a chain reform project. Because the company was established as early as 2011, and its research field was supply chain service and management, so its experience in the supply chain field is quite rich. For example, OriginTrail has been recognized by the British Standards Institute (BSI) and has reached a cooperation agreement. The specific content is that the British Standards Institute (BSI) will use some of OriginTrail’s technologies to ensure the validity of the issuance of certificates and standards. In addition, OriginTrail won the Wal-Mart Innovation Spark Award in 2017.

In addition, OriginTrail has already been applied, such as organic dairy products, poultry, and railway materials.

Previous ArticleCFTC will increase its efforts to regulate cryptocurrencies
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