Coinbase mentioned Monday that it’s “exploring” a token launch for Base, its Ethereum layer-2 community, following years of claiming that it wasn’t actively contemplating the prospect.
Throughout a presentation at Monday’s livestreamed Basecamp occasion, Coinbase Head of Base Jesse Pollak confirmed that potential token plans are within the works.
“Base is starting to discover a community token,” the community’s official account posted to X afterwards. “We’re within the early phases of exploration, and don’t have any specifics to share round timing, design, or governance. We’re dedicated to bringing the group together with us, and constructing within the open.”
“Sure, Base is exploring a community token, however has no definitive plans,” the official Coinbase account added. “We’re exploring how a community token may assist us speed up our joint mission.”
Editor’s word: This story is breaking and will probably be up to date with further particulars.
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