What Is Base? The Ethereum Layer-2 Network Launched by Coinbase

Base is an Ethereum layer-2 network launched by crypto exchange Coinbase.
The exchange wants Base to onboard “billions of users to the cryptoeconomy.”
In September 2025, Coinbase revealed that it is “exploring” a token launch for Base.

Leading American crypto exchange Coinbase ventured deeper into the on-chain economy with the launch of its Ethereum layer-2 network Base in 2023.

Originally billed as “a ‘bridge’ for users into the cryptoeconomy,” Base was designed to house Coinbase’s existing…

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