Jesse Pollak, the head of Base and Coinbase Wallet, has stated that the team is currently in the exploration phase of potentially bringing Coinbase’s staking to Base, which is the Ethereum layer 2 network incubated by Coinbase.
While there are no definite plans at the moment, Pollak’s comments suggest that the platform has aspirations to expand its offerings to US citizens by 2025.
“We are currently in the exploratory phase and are working to understand the regulatory requirements necessary to securely, compliantly, and future-proofedly bring assets like COIN to Base,” Pollak wrote in a post on X (formerly Twitter). He acknowledged that integrating COIN into the network will be a substantial endeavor.
In the meantime, COIN is accessible to non-US residents through platforms like Backed, which is a tokenization project for real-world assets (RWA). However, Pollak emphasized the need for clearer regulations before such offerings can be widely utilized. “We require regulatory clarity and improvements that embrace on-chain transactions as an open platform to make this available to everyone,” Pollak added.
*This does not constitute investment advice.
