Jesse Pollak, the head of Base and Coinbase Wallet, stated on social media that the team is "looking into" bringing COIN to the Coinbase-incubated layer 2 in 2025 — even though there are currently "no concrete plans."
"We are in an exploratory phase and working to understand what needs to be unlocked from a regulatory perspective to bring assets like $COIN to Base in a safe, compliant, future-looking way," Pollak wrote on X after agreeing that having the stock on the L2 "would be huge."
Pollak noted that COIN is technically already accessible for non-U.S. citizens via projects like RWA tokenization platform Backed. "We need regulatory clarity and improvements that embrace onchain as an open platform to unlock this for everyone," they said.
Meanwhile, Base's claim to the Ethereum L2 throne strengthened significantly throughout 2024 and into the new year — with its daily transaction count, active addresses, and daily unique addresses dominating other optimistic rollups, according to The Block's data.
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