Coinbase to list Bittensor's TAO token tomorrow
Bittensor's innovative AI incentives promise growth, but liquidity challenges may delay full trading access.
Key Takeaways
- Coinbase will list Bittensor's TAO token on February 20, 2025, provided liquidity conditions are met.
- TAO is a native token for Bittensor, a decentralized AI network that rewards nodes for AI model development.
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Today, Coinbase announced plans to list Bittensor’s TAO token as soon as tomorrow.
Coinbase will add support for Bittensor (TAO) on the Bittensor network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️ (@CoinbaseAssets) February 19, 2025
The exchange will implement a phased rollout for TAO-USD trading, with initial limitations on volume and regional availability.
Full trading access will be granted once adequate liquidity levels are established, though some jurisdictions may face trading restrictions.
“Trading will begin on or after 9 AM PT on February 20, 2025, if liquidity conditions are met,” Coinbase Assets’ account posted on X.
TAO serves as the native token for Bittensor, a decentralized AI network that rewards nodes for developing high-performing AI models.
The platform incentivizes participants who contribute to its decentralized network architecture.
The token price rose 13.1% in the last 24 hours, making it the fourth-best performer in the top 100 capitalization ranking.
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