In an effort to promote transparency, Coinbase, America’s largest crypto exchange, unveiled a long list of tokens it will potentially offer in the second quarter of 2022.

Particularly, a list of tokens under consideration is included in an April 12 blog post from the exchange, however it is noted that other tokens may be under consideration but are not officially included. 45 ERC-20 tokens on the Ethereum (ETH) network and five SPL tokens on the Solana (SOL) network are among those on their radar.

Binance USD (BUSD), the third-biggest stablecoin on the market, and BitDAO (BIT), one of the largest DAO initiatives, reportedly had a current market valuation of slightly over $1 billion.

The new approach of token listings, according to the exchange, would provide “as much information symmetry as feasible.” In a market, information symmetry improves efficiency and justice.

It also minimizes the likelihood of a pump and dump scenario on listing day, as advanced information of a listing might mitigate the retail trading frenzy. While it is significantly more common on other controlled and decentralized exchanges, Coinbase has experienced some price volatility on the coins it lists. OMG Network (OMG) soared 200 percent in 15 minutes after being launched on Coinbase in 2020, only to plummet shortly later.

Crypto projects are well aware of the attention, and even the potential, that a Coinbase listing may offer. Big Data Protocol (BDP), a small decentralized finance (DeFi) data tokenizer with a $3.3 million market cap according to CoinGecko, expressed joy today that Coinbase was considering listing it.

While increased transparency may be beneficial to investors and projects, @12yearoldwithcc, a seasoned crypto trader on Twitter, says the potential listings are lacking. “Coinbase is in their flop era,” the account tweeted today.

Many investors are focused on Coinbase’s intention to make a series of three documentaries on the Bored Ape Yacht Club (BAYC) nonfungible token (NFT) collection, thus they may not have noticed Coinbase’s new transparency efforts.

The $10,000 deal Coinbase has offered BAYC holders for the rights to use their monkey in the movie has baffled some in the crypto community, with some even suggesting that they should not accept it.