Prominent cryptocurrency exchange, Coinbase, has announced the listing of PancakeSwap (CAKE). Coinbase disclosed via its official X account that it will add CAKE to its listing roadmap.
The crypto exchange added that it will open the trading of CAKE once PancakeSwap has fulfilled all the pre-listing conditions. This is to avoid any potential regulatory violation with the U.S SEC.
The potential listing of CAKE on Coinbase could trigger a bullish price surge. PancakeSwap posted a record-high trading volume of more than $165 billion in May, accounting for more than 90% of the total DEX volume of approximately $178 billion on BNB.