The concern stems from a recent post by Binance.US, the upcoming, regulatory-compliant exchange for US investors, where 30 cryptocurrencies currently under consideration for listing were announced. TRX did not make the list.
In response to a tweet about the situation, Sun revealed that his team sees gaining a listing on Coinbase as its number one priority.
— Justin Sun (@justinsuntron) August 9, 2019
This may turn out to be a difficult task given the ongoing uncertainty behind the scenes at TRON. The TRON team previously indicated that there is potentially Chinese government pressure on the project and its founder. Sun went as far as to cancel his lunch with Warren Buffett and apologize to the Chinese government for his fundraising and marketing tactics.
While the recent uncertainty around the project may be enough to prevent Coinbase from listing the project, US-based investors will still be able to trade TRX at a variety of places including KuCoin and Voyager, a new crypto trading app with zero fees.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.