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Coinbase Global Inc. (NASDAQ:COIN) added BNB (CRYPTO: BNB) to its listing roadmap on Wednesday as the native token of rival exchange Binance surges to record highs.
The company said that the official launch of BNB is contingent on market-making support and required technical infrastructure.
"We will announce the launch of trading on X once these conditions are met," Coinbase stated. It warned that depositing the token before an official announcement may lead to loss of funds.
Interestingly, just a few hours before the announcement, Binance co-founder Changpeng Zhao responded with a laughing emoji to an X post questioning Coinbase's perceived “hypocrisy” in failing to list BNB, one of the largest cryptocurrencies by market capitalization.
See Also: Binance Coin (BNB) Price Prediction: 2025, 2026, 2030
BNB is in the middle of a record-breaking bull run, with a new high of $1,370.55 clocked earlier this week.
The asset, worth $5.8 billion, has rallied nearly 70% in 2025, far exceeding returns from Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE).
Binance remains the world’s largest cryptocurrency exchange, with 24-hour volumes exceeding $25 billion, according to CoinGecko. Coinbase, the largest cryptocurrency trading platform in the U.S., meanwhile, recorded volumes just over $3 billion in the same period.
Price Action: At the time of writing, BNB was exchanging hands at $1,187.09, down 1.63% in the last 24 hours, according to data from Benzinga Pro.
Coinbase shares rose 0.50% in after-hours trading after closing 1.54% lower at $336.30 during Wednesday’s regular trading session.
Benzinga’s proprietary Edge Rankings show Growth as the strongest category for the stock at 93.76/100. Visit Benzinga Edge Stock Rankings to compare it to other cryptocurrency-linked stocks.
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Photo Courtesy: T. Schneider on Shutterstock.com
