We are excited to release the GDAX Digital Asset Framework. We believe the number of digital currencies and tokens will continue growing and contribute to creating an open financial system. To support this growth, GDAX will add assets which align with this framework and promote our mission of creating an open financial system for the world.

The digital asset ecosystem has experienced significant growth over the last year. Since January 1, 2017, the total market capitalization of all digital assets has increased nearly 10x to reach a current valuation of approximately $180 billion. We have also seen the number of assets, breadth of companies, and amount of capital grow significantly:

Customers often ask us how we decide which assets to support. By sharing this framework we hope to improve transparency and highlight the factors we evaluate when considering which new assets to support on GDAX.

This framework is not intended to be a definitive methodology, investment advice, or a commitment to support any specific asset. As the technology, use cases, and regulatory environment evolve, so too will this framework. We are committed to supporting more assets, but our priority is always to protect customer funds and comply with regulatory requirements.

We are excited to support the growth of the industry and provide customers greater access to a variety of digital assets. To start trading today, sign up for a GDAX account.

Download a copy of the GDAX Digital Asset Framework here.

Special thanks to project lead Courtney Chin, as well as Adam White, David Farmer, Jacob Horne, Justin Mart, Reuben Bramanathan, Linda Xie, Jordan Clifford, CoinCenter, ConsenSys, and many more for input which influenced the development of this framework.

Announcing the GDAX Digital Asset Framework was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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