In a recent announcement on X (formerly Twitter), Brian Armstrong, the CEO of US-based cryptocurrency exchange Coinbase, revealed that the company is actively considering a token launch for Base, its Ethereum (ETH) layer-2 (L2) network.

Coinbase’s Base Network Takes Steps Toward Token Launch

Armstrong articulated that the potential introduction of a network token could serve as a “powerful tool” to accelerate decentralization and foster growth among creators and developers within the ecosystem.

Following the firm’s BaseCamp 2025 event in Vermont, the executive emphasized the importance of building in the open, stating that the exploration of this token aligns with their commitment to transparency and community engagement.

Accompanying Armstrong’s announcement, the Base network pu

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