Coinbase, a prominent cryptocurrency exchange, is poised to significantly expand its supported asset roster with the upcoming integration of Fartcoin (FARTCOIN), PancakeSwap’s utility token (CAKE), and Subsquid’s SQD token. This strategic move aligns with increasing investor appetite for diversified digital assets, spanning trending meme coins, robust decentralized finance (DeFi) protocols, and innovative AI-driven data solutions. The new listings are scheduled to commence trading on Thursday, June 13, at 12 p.m. ET (16:00 UTC), contingent upon meeting essential liquidity requirements.
New Listings and Trading Details
These newly added tokens will be available for trading on both Coinbase’s retail platform and its institutional exchange across supported regions. Each asset will be paired directly against the U.S. dollar. Coinbase announced these additions via their X account.
Fartcoin, specifically, will be supported as an SPL token on the Solana network, with Coinbase advising users to ensure transfers occur only on this network to prevent fund loss.
Trading Pairs
| Token | Trading Pair |
| FARTCOIN | FARTCOIN-USD |
| CAKE | CAKE-USD |
| SQD | SQD-USD |
Market Reactions
Fartcoin’s Ascent
Fartcoin, a meme coin, surged over 6% immediately after its inclusion in Coinbase’s roadmap, achieving double-digit gains within 24 hours. This momentum has helped Fartcoin reach a $1.4 billion market capitalization. Its listing confirmation has reignited interest, likely leading to increased volatility given its speculative nature. According to Coingecko data, Fartcoin is now the second-largest memecoin, trailing only the Official Trump token, associated with the current U.S. President Donald Trump.
Subsquid (SQD) Reaches All-Time High
Subsquid (SQD) also experienced an impressive surge, hitting a new all-time high post-Coinbase announcement. As an open database network for AI agents in Web3, SQD has gained considerable traction within the developer community. Its availability on Coinbase is expected to introduce substantial new liquidity.
PancakeSwap (CAKE) Shows Recovery
PancakeSwap’s native token, CAKE, from the leading decentralized exchange (DEX) on the BNB Smart Chain, was also listed. While its immediate price reaction was more subdued, CAKE had recently reversed a multi-week downtrend. Traders view the Coinbase listing as a positive indicator for CAKE’s long-term liquidity and market presence.
Resolution of wBTC Lawsuit
In a separate development, BiT Global has withdrawn its lawsuit against Coinbase concerning the delisting of its wrapped Bitcoin (wBTC) token. The dispute stemmed from Coinbase’s concerns over wBTC’s risks, particularly its association with Justin Sun. Both parties agreed to dismiss the case with prejudice, preventing future refiling, with each covering their own legal costs. This marks a fresh start for Coinbase, which had launched its own wrapped Bitcoin alternative, cbBTC, before the wBTC delisting.
Michael combines data-driven research with real-time market insights to deliver concise crypto and bitcoin analysis. He’s passionate about uncovering on-chain trends and helping readers make informed decisions.