- Coinbase acted as custodian for Circle's USDC, while Bullish utilized stablecoins on the Solana network. Separately, Binance received investment from an Abu Dhabi fund.
- Coinbase is developing Base as an Ethereum scaling network, seeking SEC approval for tokenized equities, and planning to support Solana trading.
Coinbase announced backing Base, an Ethereum Layer-2 network.
1 report, 1 independent
Updated Jul 1
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Coinbase announced backing Base, an Ethereum Layer-2 network.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
Related events
- Coinbase utilizes its Base L2 network and competes with Robinhood for tokenized stock trading market share.
- Coinbase and Robinhood are expanding their offerings, with Robinhood's blockchain development stemming from Coinbase's strategic moves.
- Coinbase is building broader financial infrastructure through Base, and Haas has been named the company's Chief Financial Officer.