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Base token time? š°
Coinbase just changed its tune on launching a token for its Ethereum layer-2 network, Base. Here's what we know so far.

š What you need to know
Coinbase executives long insisted that there were no token plans for Base, the exchangeās popular Ethereum layer-2 scaling network. But amid a crypto-friendly shift in U.S. regulatory policy, Coinbase has changed its tune.
On Monday, Coinbase executive and Base mastermind Jesse Pollak said at a network event that the firm is āexploring a network token for Baseāāto rapturous applause from attendees. He added that itās āearlyā and that firm plans have yet to be pinned down, but for Base builders and users, a token could be a massive value-add.
"Yes, Base is exploring a network token, but has no definitive plans," the official Coinbase account on X noted. "Weāre exploring how a network token could help us accelerate our joint mission."
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āI think the ETH [digital asset treasuries] have the highest probability of being sustainable, and therefore ETH buying by DATs can continue at pace.ā
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