Orchid will be listed on Coinbase Pro today.
Orchid (OXT) will reportedly become available for trading in the OXT/USD pair once sufficient supply is established.
The exchange has reported through its official Twitter account that from at 10 a.m. PT, the OXT/USD pair order book will enter transfer-only mode in the supported regions and will remain in this mode for at least 12 hours.
Orchid Labs, the startup blockchain that has developed the token, has just launched an app that offers a decentralized alternative to VPN technology. The app is currently available for Android and Linux and allows its users to browse the Internet in a more secure way.
Orchid Labs has recently raised $43M from various investors, including Andreessen Horowitz, Blockchain Capital, Polychain Capital and Sequoia.
iHodl Spain reported last month Coinbase had extended its staking service to all its US users.
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