The popular cryptocurrency exchange Coinbase has announced the addition of a lesser-known digital asset to its platform.
According to Coinbase Markets, Perle (PRL) will soon be available for spot trading on their platform.
Perle (PRL) serves as the native token of the Perle ecosystem, which is managed by the non-profit Perle Foundation.
Perle Labs, a web3 AI platform built on Solana, facilitates the connection between domain experts and organizations for creating verifiable data used in training AI models.
The PRL token is primarily used for governance, staking, rewarding contributors, and facilitating transactions within the Perle ecosystem.
Users can now generate deposit addresses for PRL on coinbase.com, the Coinbase app, and Coinbase Exchange in supported regions, as per Coinbase Markets.
The exchange mentioned that the launch of trading for Perle is subject to market-making support and technical readiness.
Further updates on the trading launch will be provided by Coinbase once all conditions are met.
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