Coinbase Wallet Reverts to Original Name, Expands Multichain Trading
- Base App will rebrand back to Coinbase Wallet on September 8.
- Ryan Kass, head of product, emphasizes the wallet as a “test kitchen” for trading experiences across multiple networks.
- The rebranding reflects a shift from social networking to multichain trading capabilities.
- Coinbase Wallet will support various crypto networks including Solana and offer tokenized stocks.
- Despite the name change, Coinbase continues its commitment to Base, supporting its assets and features.
Coinbase is set to revert the Base App back to its original name, Coinbase Wallet, on September 8 as it expands into a multichain trading platform. This move marks a strategic shift from focusing on social networking features toward offering diverse trading experiences across different blockchain networks.
By rebranding back to Coinbase Wallet, the company aims to enhance its “everything exchange” strategy, allowing users access to trade various assets quickly and efficiently across multiple chains such as Solana while maintaining support for Base’s ecosystem.(Source)
