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Base Explores Network Token Development

Base Explores Network Token Development

by Maya Lundqvist

an hour ago


In a significant development for the cryptocurrency community, Coinbase has revealed plans to explore the creation of a network token for its Base network. Based on the data provided in the document, this announcement, made on September 15, 2025, indicates a notable change in the company's previous stance regarding the introduction of a token.

Coinbase Considers Network Token

Coinbase's decision to consider a network token comes after a series of statements where the company had firmly stated that it had no intentions of launching a Base token. The shift in strategy suggests a renewed focus on enhancing the functionality of the Base network, which aims to improve user experience and foster greater community engagement.

Potential Opportunities for Users

The exploration of a network token could potentially provide users with new opportunities for participation and investment within the Base ecosystem. As the cryptocurrency landscape continues to evolve, Coinbase's move may position the Base network as a more competitive player in the market, attracting developers and users alike.

As reported earlier, the collaboration between DBS Digital Exchange, Franklin Templeton, and Ripple has made significant advancements, leading to the launch of the first tokenized money market fund repo trading system on the XRP Ledger. For more details on how this partnership is shaping the future of institutional crypto yield solutions, read the full article here.

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