Core Insights - Blockchain Base is in the early stages of exploring the issuance of a network token to support its vision of a global on-chain economy [2][3] - The company has not previously considered a network token but is now reevaluating its philosophy due to the expansion of its blockchain and ecosystem [2][5] - The potential network token could accelerate decentralization and expand opportunities for builders and creators within the Base ecosystem [3][5] Company Developments - Coinbase opened the Base blockchain to the public in August 2023 after a six-month testing phase [3] - Base is designed to be low cost, user-friendly, developer-focused, decentralized, and integrated with Ethereum [4] - The Base Chain now supports real-time settlement of stablecoin payments, indicating its growing functionality [4] Market Context - With an increase in USDC volume and the scaling of Base Chain, Coinbase is pushing towards a vision of crypto as a fundamental component of modern finance [5] - The exploration of a network token aligns with the company's goal of enhancing decentralization and fostering growth among creators and developers [5][6]

⚡️JUST IN: Coinbase $BASE to launch its own token. https://t.co/A1XK8leTwk ...

Coinbase @Coinbase will be listing @ ___________? https://t.co/is5EoYrf4r ...

🔥 BULLISH: The Winklevoss twins and Coinbase have raised $100M for a pro-crypto fellowship PAC. https://t.co/VyRVLYI1Uh ...

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🔥 UPDATE: Brian Armstrong confirmed Base is exploring plans for a network token launch. https://t.co/qFmChFTydX ...

RT Shan Aggarwal (@ShanAggarwal)Appreciate @Forbes for this chance to go deep on all the cool things we’re doing and our strategy behind the business🙏I’m extremely bullish about the future that we’re building @Coinbase — the future is bright ⚡ https://t.co/svC1Rlnt0E ...

There are 2 Hedera projects listed on Coinbase.@Gilmore_Estates and @dovuofficialSuper HIP!Brian Armstrong (@brian_armstrong):We get a ton of questions about how and why assets get listed on Coinbase. To be more transparent we wrote a guide on how it all works.TL;DR: listings are free and merit-based. Every asset is evaluated against the same standards.Link in replies. https://t.co/HmqQDt6085 ...

Token Launch Exploration - Base, an Ethereum layer-2 network, is "exploring" a token launch [1] - This represents a shift from Coinbase's previous communication regarding a token [1]

Base, a public blockchain Coinbase started, is exploring a new cryptocurrency, a move that could help raise money for the projects it underpins https://t.co/Qn2hLUHIVe ...