NEO's listing on Coinbase is not imminent. Here's why:
- Current Status: As of the latest information, NEO is not tradable on Coinbase. Data is sourced from third parties, and the accuracy of the data is not guaranteed1.
- Regulatory and Custody Challenges: The listing of NEO and other coins on Coinbase is subject to regulatory compliance and custody issues. NEO's own Virtual Machine and cryptographic curve (secp256r1) make it incompatible with the existing hardware used by Coinbase for custody2.
- Market Cap and Liquidity: NEO's market cap and liquidity are not sufficient to support listing on Coinbase, which lists assets based on market cap and trading volume1.
- Development of Neo X: The development of Neo X is a separate entity that may change the listing scenario, but as of now, there is no indication that Neo X has been listed on Coinbase3.
- Coinbase's Asset Listing Process: Coinbase has a process for listing new assets, which includes evaluation against a digital asset framework that considers security, compliance, and project alignment. NEO would need to meet these criteria to be considered for listing45.
In conclusion, while there is potential for NEO to be listed on Coinbase in the future, the current circumstances do not support a listing at this time.