Jesse Pollak, who leads Base and Coinbase Wallet, revealed that Coinbase is considering integrating its staking services into Base, the Ethereum layer-2 network developed by the company.
Although no formal plans are in place yet, the initiative is in its early exploration phase, with the team assessing regulatory requirements for a compliant rollout.
Pollak shared that a key focus is determining how to enable secure and compliant on-chain transactions for assets like COIN within the Base ecosystem.
He acknowledged the complexity of such an integration, describing it as a significant challenge that will require careful planning and regulatory advancements.
Currently, COIN is available only to non-US users through platforms like Backed, a project that tokenizes real-world assets. Pollak emphasized the need for clearer regulatory guidelines to make such offerings widely accessible, particularly to US citizens.
He expressed hope that evolving regulations will support broader adoption of on-chain platforms in the future.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
The latest market turbulence, fueled by geopolitical tensions and investor fear, offered a textbook case of how sentiment swings and whale behavior shape crypto price action.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.