[Xangle Briefing] First Month of 2020 Sees 100 Listing-related Events, Including 66 New Listings and 23 De-listings.

Jan 31, 2020

- Bithumb Global has the largest number of new listings, and CPDAX has the most de-listings

- Investment Warnings were exclusive to Korean Exchanges (Flagging of certain tokens)

According to crypto disclosure platform Xangle, there was a total of 100 listing-related events from 1st to the 30th of January, including 66 new listings, 23 de-listings, 7 investment warnings, and 4 removal of these warnings.

A more detailed review found that Bithumb Global had the most new listings with 10 tokens, followed by 7 at Coinone, 4 at Binance, 4 at Bithumb Korea, 3 at MXC, 3 at Casherest, 3 at Bilaxy, and 3 at Bitsonic. Review of de-listings found 9 cases by CPDAX, 5 by Bithumb Korea, 4 by Casherest, and 2 by Bithumb Global. CPDAX has recently announced a mass suspension of trading and deposits for certain assets.

Exchange investment warnings and removals were a phenomenon exclusive to South Korean exchanges. The warnings, like those of the traditional equity market, are given to warn investors that the asset carries risks such as very low trading volume. Bithumb Korea issued 6, and Coinone issued 1 warning in January. During the same period, Coinone has removed 4 warnings.

In total, listing-related events were most frequent at Bithumb Korea (15), Coinone (13), Bithumb Global (12), CPDAX (9), and Casherest (7). The numbers are based on 535 projects and their disclosures on Xangle, available as of the 31st of January.

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