Overpriced listings 🤑
Tron founder Justin Sun and Sonic Labs co-founder Andre Cronje claimed Coinbase charges substantial listing fees.
✅ Simon Dedic, CEO of Moonrock Capital, commented on Binance, mentioning a top-tier crypto project that raised nearly nine figures and received a listing offer for 15% of its total token supply. He stated, “Imagine paying $50–$100 million just for a CEX listing. This is unaffordable for projects and a major factor in declining charts. Something needs to change.”
✅ Cronje, who also previously founded Yearn Finance, posted: “Coinbase has asked us for; $300m, $50m, $30m, and more recently $60m."
✅ Following Cronje’s comments, Tron founder Justin Sun made similar claims on Monday. “Coinbase required us to pay 500 million TRX (worth $80 million) and demanded a $250 million BTC deposit in Coinbase Custody to boost their performance.”
