Coinbase has announced that it will suspend trading of Floki, Turbo and Gigatokens starting at 14:00 UTC on April 14, 2025.
Coinbase suspends Floki, Turbo and Giga trading in New York
The decision follows a recent asset review to ensure compliance with exchange listing standards.
These tokens were recently listed on Coinbase-Floki in November 2024, followed by Turbo and Giga in December 2024.
Transactions for these assets have been suspended in New York, but Coinbase did not indicate whether similar actions could be taken in other jurisdictions.
Coinbase regularly evaluates listings to ensure compliance with regulatory requirements and internal policies. The exchange did not confirm whether the suspension was temporary or whether the asset was facing a potentially complete abolition.
Floki inu (Floki) is a cryptocurrency inspired by internet memes, like Shiba Inu (Shib) and Dogecoin (Doge).
Named after Elon Musk’s Shiba Inu Dog, Floki was created as a joke coin, but promises more than that in a variety of use areas.
Turbo Coin (Turbo) is an innovative memo coin identified by the progressive frog mascot.
Giga Coin is a meme token built on the Solana blockchain inspired by the popular “Gigachad” meme.
*This is not investment advice.