On Thursday, Coinbase added Matic Network (MATIC), a layer-2 side-chain scaling solution for public blockchains, to its crypto custody platform, Coinbase Custody.

MATIC joins 37 other digital assets on Coinbase Custody, including Bitcoin (BTC), Ethereum (ETH), Tezos (XTZ) and smaller-cap projects like FOAM (FOAM) and Loom Network (LOOM).

As we previously reported, Coinbase has been using a combination of client demand and its own internal evaluation process to determine which cryptocurrencies to add to its custody service.

It is important to note that Coinbase is one of the equity investors in the startup behind Matic Network, indicating that a listing on Coinbase’s trading platform could be right around the corner for MATIC.

Matic Network is beginning to roll out its staking functionality and has been actively onboarding network validators.

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.