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AI Token Worldcoin (WLD) Achieves Futures Listing on Coinbase

source-logo  u.today 11 April 2024 18:05, UTC

In a landmark move for the cryptocurrency market, Worldcoin (WLD), the AI-driven token, has achieved a perpetual futures listing on the Coinbase International exchange and Coinbase Advanced.

This event marks a significant milestone not only for Worldcoin but also for the burgeoning sector of AI-integrated cryptocurrencies. WLD is the native token of Worldcoin, a digital identification project that provides cryptocurrency in exchange for users providing biometric data for a digital ID.

Worldcoin (WLD) has been making waves in the crypto space with its unique proposition of combining blockchain technology with artificial intelligence. The token's recent listing as a perpetual futures contract on the Coinbase International Exchange may indicate a growing interest in AI tokens.

Worldcoin (WLD) was listed alongside the ORDI token, a BRC-20 token that merely derives its name from the Ordinals protocol.

Coinbase International Exchange earlier announced its intention to list perpetual futures for ORDI and WLD on April 5.

Our ORDI-PERP and WLD-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/4SpSG89JjZ

— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 11, 2024

In a tweet today, the crypto exchange announced that the ORDI-PERP and WLD-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced, thus making them available to institutional investors on both platforms.

Perpetual futures are a type of derivative contract that allows traders to bet on an asset's future price without a defined expiration date.

The ORDI and WLD new listings add to a slew of perpetual futures contracts being constantly added to the international arm of the Coinbase exchange.

At the time of writing, Worldcoin (WLD) was down 1.94% in the last 24 hours to $6.34, posting a relatively muted response to the listing news.

u.today