Coinbase is in the exploration phase of integrating staking into Base, an Ethereum layer 2 network.
Coinbase's Exploration Phase
Jesse Pollak, head of Base and Coinbase Wallet, explained that the team is in the exploration phase of potentially bringing Coinbase's staking to Base. While there are no concrete plans yet, Pollak’s comments indicate the platform's ambition to expand its offerings to US citizens in 2025.
Plans for 2025
Pollak noted that the team is working to understand the regulatory unlocks needed to safely and compliantly integrate assets like COIN into the Base network. He wrote in a post on X, formerly Twitter, that the integration of COIN will be a significant undertaking.
Need for Regulatory Clarity
Currently, COIN is accessible only to non-US residents through platforms like Backed. Pollak emphasized the need for clearer regulations to make such offerings widely usable. "We need regulatory clarity and improvements that embrace on-chain transactions as an open platform," Pollak added.
While regulatory clarity and further research are needed before staking can be integrated into Base, Coinbase continues to explore the potential of its offerings at a new level.