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Coinbase Has No Plans of Launching Base Token: CEO Brian Armstrong

Katie Lin

Summary: Coinbase has no plans of launching a token for its layer-2 network Base, according to the crypto exchange’s CEO Brian Armstrong. He appeared to contradict an earlier statement by Coinbase Chief Legal Officer Paul Grewal, who had said, “I think a token could be viable at some point in the future. It’s not something we’ve ...

Coinbase has no plans of launching a token for its layer-2 network Base, according to the crypto exchange’s CEO Brian Armstrong.

He appeared to contradict an earlier statement by Coinbase Chief Legal Officer Paul Grewal, who had said, “I think a token could be viable at some point in the future. It’s not something we’ve ruled out entirely.”

Author: Katie Lin

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