Coinbase Halts Trading in Storj and Badger DAO
Coinbase has announced that it will halt trading for two cryptocurrencies, Storj (STORJ) and Badger DAO (BADGER), on September 28, 2026. The decision was made as part of Coinbase's regular review of listed assets against internal standards for liquidity and trading quality.
The trading halt will affect the exchange's simple and advanced trading views on coinbase.com, the Coinbase Exchange trading platform, and Coinbase Prime for institutional clients. However, this does not mean that balances will disappear or be converted against users' will.
According to Coinbase, a trading halt means that an exchange closes the order books for an asset, but custody of the balance carries on as long as the exchange announces nothing to the contrary.
Holders of STORJ and BADGER have roughly a month to choose between selling while trading is still open or withdrawing their balances to another address. It's worth noting that the company behind Storj Labs, which issued the STORJ token, has filed for Chapter 11 bankruptcy protection under US law.