Coinbase surprises: Is a token for Base coming after all?

Coinbase has surprisingly confirmed that it is now considering launching its own token for the Ethereum Layer 2 network Base. The US crypto giant had previously ruled out this step.

Yes, @base is exploring a network token, but has no definite plans.

We're exploring how a network token could help us accelerate our joint mission. https://t.co/I9jyLUtAWN

— Coinbase 🛡️ (@coinbase) September 15, 2025

At the livestream event, Jesse Pollak, Head of Base, explained that they are “in the early stages of exploration.” However, there are no concrete details yet regarding timing, design, or governance. According to Coinbase, the community will be closely involved. The potential token could help accelerate the joint mission of Base and Coinbase.
The Layer 2 network has been live since 2023 and uses the Ethereum blockchain as its security foundation. Base is primarily intended to enable low-cost and fast transactions and is considered a central building block in Coinbase's strategy to make Web 3 applications suitable for the masses.
Coinbase is the largest regulated crypto exchange in the US and one of the world's leading digital asset trading platforms. Founded in 2012, the company has been listed on the Nasdaq since 2021.

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