Coinbase Opens Doors to All Base Tokens with Instant Access
Key Highlights
- Major process shift announced by Coinbase regarding token accessibility.
- Base network token to receive a new form of platform integration.
- The move is expected to impact developers, users, and the broader crypto landscape.
Jesse Pollak, one of the main people behind Coinbase’s Base network, has shared a big update. He said that from now on, any token that is created on the Base network will be available directly on Coinbase, without the usual long and strict listing process. This change now makes it much easier for new crypto projects to grow and reach users, and it shows that Coinbase wants to build a more open and welcoming on-chain world for everyone.
Jesse Pollak has been actively working with Coinbase’s listing team and Chief Legal Officer (CLO) Grewal to create a framework that prioritizes abundance over scarcity in listings. The main idea behind this move is to support not just the biggest names, but any solid project on the Base network and beyond. This is part of a bigger plan to create a future where more useful tokens, especially from areas like DeFi, gaming, and culture, can reach users from day one.
Letting all Base tokens be traded right away on Coinbase removes the usual roadblocks that new projects face when trying to get noticed or gain liquidity. Normally, platforms like Coinbase are very careful and slow when listing new tokens because of rules to protect investors. However, with this new update, Pollak is showing a big change in moving towards a more open system that supports developers and helps new ideas grow faster, without long delays.
Base Network’s Speed and Security Attract New Projects like TOWNS
Base is an Ethereum Layer-2 blockchain built by Coinbase. It is designed to make crypto use easier by offering faster transactions, much lower fees, and strong security like Ethereum. This makes it a great place for new crypto apps and tokens to grow. Because of these benefits, popular projects like Towns Protocol have already joined Base. Its token, TOWNS, was recently listed on Coinbase through this network, making it easier for more people to use and trade.
The listing of TOWNS, a social gaming token, on Coinbase shows the growing potential of Web3 gaming and other decentralized apps on the Base network. Since Base tokens can now be easily traded on Coinbase, it will be simpler for people to join in. This could help blockchain gaming and DeFi grow faster by removing barriers for users and attracting both regular and big investors to these new markets.
Tokenizing Real-World Assets Could be Next
Jesse Pollak’s plans go beyond just listing crypto tokens. He also shared that there are early efforts to bring Coinbase’s own stock (COIN) onto the Base network by turning it into a token. While this idea is still in the early stages and might have to face regulatory challenges, it shows a bigger goal: using blockchains to bring real-world assets, like company shares, into the world of decentralized finance (DeFi).
Coinbase Pushes for Open Listings and Broader Crypto Access
Coinbase’s plan to list all tokens from the Base network automatically is designed to make crypto more open and fair. This change means more tokens can be traded quickly, helping smaller projects gain visibility and grow. It also brings more liquidity into the market and this encourages healthy competition. Experts believe that this move could influence other big exchanges to do the same, bringing new energy and diversity into crypto.
Jesse Pollak knows that creating this kind of open system takes time and must follow complex regulations. Still, he believes it is the right direction, one that allows space for more memes, useful apps, culture, DeFi, and networks. Some tokens from the Base network like B3, MORPHO, VVV, MOG, and TOSHI, have already been listed on Coinbase and are doing well. This indicates that there is strong support from the users. Pollak also says that these kinds of projects should be celebrated and supported by the entire crypto world.
Harsh Chauhan is an experienced crypto journalist and editor at CryptoNewsZ. He was formerly an editor at various industries, including his tenure at TheCryptoTimes, and has written extensively about Crypto, Blockchain, Web3, NFT, and AI. Harsh holds a Bachelor of Business Administration degree with a focus on Marketing and a certification from the Blockchain Foundation Program. Through his writings, he holds the pulse of the rapidly evolving crypto landscape, delivering timely updates and thought-provoking analysis. His commitment to providing value to readers is evident in every piece of content produced. With a deep understanding of market trends and emerging technologies, he strives to bridge the gap between complex blockchain concepts and mainstream audiences.
