Coinbase, one of the cryptocurrency exchange giant in America, is set to list the JTO token from Solana-based DeFi platform Jito following its airdrop on Thursday.
Jito, ranking as the second-largest DeFi project on Solana according to DeFi Llama, allows users to earn returns by pledging tokens to the network.
The listing of JTO on Coinbase is scheduled to begin on or after 11 am Eastern Time on Thursday, contingent on liquidity conditions.
The move comes amidst a surge in airdrops from various Solana-based projects and aligns with Coinbase CEO Brian Armstrong's plans to integrate Solana into the platform.