Sequoia-Backed Band Protocol Token Starts Trading on Coinbase
The Band Protocol team. (CoinDesk archives)
Band Protocol (BAND) started trading on Coinbase on Thursday less than two weeks after first appearing on the exchange’s exploratory list.
- BAND is the native token of the Band Protocol oracle platform, a Sequoia Capital- and Binance-financed project building links between real-world data and smart contracts.
- The token hit new 24-hour highs and was trading around $15.17 less than an hour after news of the listing broke, according to CoinGecko.
- BAND has surged around 180% since Coinbase announced on Aug. 5 that it would list the token on Coinbase Pro.
- Trading is available across the U.S. with the exception of New York State, according to Coinbase.
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
