Coinbase lists 4 new tokens at the end of Q2

Coinbase has listed four new tokens: Newton (NEWT), Sonic (S), Subsquid (SQD), and POPCAT in the second quarter of 2025, with SQD and POPCAT available in the EU, where Coinbase recently obtained the MiCA license.

Except for Sonic, most of these listings have a strange impact on token prices as Coinbase continues to build a diverse investment portfolio with many available assets.

The latest listing rounds of Coinbase tokens

One of the main tokens in this round is EWT of Newton Protocol, which was launched early today with an airdrop on Binance Alpha.

Coinbase has quickly acted to capture the heat around EWT by listing it on the same day.

Developed by Magic Labs, Newton Protocol is an on-chain UX automation protocol supported by AI agents. This protocol allows users to delegate complex, cross-chain actions to AI agents.

In recent months, Coinbase seems to have accelerated its pace. Earlier this month, the US-based exchange listed PancakeSwap CAKE and Fartcoin, leading to a strong impact on the prices of these tokens.

Most recently, Coinbase has received a MiCA license to enter the EU market. As part of the entry process, the exchange has listed POPCAT and SQD for German residents.

Monthly price chart of SQD | Source: CoinGeckoHowever, the impact of these listings on the market is not significant, as both tokens are available on Coinbase in other regions.

Subsquid’s SQD token has also been listed by Coinbase Global at the beginning of this month and is now available in the German market.

Regardless, listing is a big motivation for the development of the Subsquid ecosystem. The platform aims to provide support for an open database network for AI agents, and enhancing availability can help the project achieve this goal.

Furthermore, Coinbase has also announced the listing of Sonic (S) yesterday. Blockchain Layer-1 has distributed one of its largest airdrops during the month of June.

Sonic has witnessed significant corrections in the past week due to large sell-offs from airdrop recipients. However, being listed on Coinbase has driven a strong recovery in the price of this altcoin.

Sonic Price Recovers After Being Listed on Coinbase | Source: CoinGeckoAs usual, Coinbase has chosen a series of unrelated projects for its latest token listing. For example, EWT and POP both focus on AI, but they aim to utilize AI in different ways.

Currently, it seems that Coinbase has no other major plans to change its strategy in the third quarter. The exchange will undergo system upgrades next month, but does not provide any hints about any new features.

Vincent