Key Points If the token is part of a strategy to build the Base community, it could add long-term value. The token's purpose matters: A governance token could dilute shareholder control, but a utility token wouldn't. 10 stocks we like better than Coinbase Global › Coinbase Global (NASDAQ: COIN) CEO Brian Armstrong surprised investors on Sept. 15 with news that the company is exploring its own Base network token. Base is a Coinbase ecosystem where people can build decentralized applications that inte ...