If you are a Ripple investor and you are eagerly waiting for XRP to be listed on Coinbase, there is an important development for you. According to Bloomberg’s report, international payments company Ripple is willing to pay millions of dollars for XRP to be listed on major US cryptocurrency exchanges. Ripple has reportedly offered Gemini and Coinbase some “financial incentives” to list XRP, Bloomberg reported. Ripple executives, who asked whether it was worth it, then offered a $100 million loan that they would repay after the pricing of XRP in talks with Coinbase last fall. However, both platforms rejected Ripple’s proposal.
In the meantime, it’s not uncommon for exchanges to take money to list a coin. According to a study by Autonomous Next, high-volume platforms typically charge between $1 and $3 million from founders who want to list their cryptocurrencies.