On November 18, 2025, Coinbase began offering spot trading for Toncoin ($TON) across its retail, advanced, institutional, and international platforms, marking a notable expansion of its crypto asset lineup. This move follows recent $TON listings on other major exchanges and is expected to enhance global liquidity and institutional access for the TON ecosystem[4][5]. Despite this positive development, Coinbase shares closed at $261.79 on November 18, 2025, down 0.82%, continuing a recent period of price weakness amid broader crypto sector volatility and shifting trading volumes. The new listing underscores Coinbase’s ongoing efforts to diversify its offerings, though recent price action suggests investor sentiment remains cautious[4][3].