Coinbase to List $CAKE Token From PancakeSwap: A Step Towards DeFi Mainstream Adoption

Coinbase has announced plans to list PancakeSwap’s native token, $CAKE, marking a significant milestone for the decentralized exchange. This move brings CAKE to a larger audience of U.S. investors through a regulated platform, potentially accelerating the growth of decentralized finance (DeFi). Coinbase’s extensive user base is expected to increase liquidity and market activity for CAKE.