Coinbase introduces wrapped staked ETH asset ahead of the Merge
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” the crypto exchange said.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” the crypto exchange said.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase launches cbMEGA wrapped asset on Base network
Coinbase's expansion of wrapped assets on Base enhances DeFi accessibility, potentially increasing user engagement and ecosystem g...
Coinbase Tokenization Bet Remains a Platform Hypothesis
Can an iPhone comparison substitute for a business model? Coinbase CEO Brian Armstrong has argued that tokenized assets could resh...
Webull Partners With Coinbase to Offer Crypto Trading in Canada
The Florida-based exchange announced plans to expand its digital asset service offering to Canada, partnering with Coinbase for cr...
Metaplanet transfers 4,800 Bitcoin worth $377M to Coinbase Prime in custodial shuffle
Metaplanet's custodial Bitcoin shuffle highlights the strategic complexities and market sensitivities of large-scale crypto asset...
Coinbase and Webull expand partnership to enhance crypto trading across 25 million users
The expanded partnership enhances regulated crypto access, potentially increasing market stability and user trust in digital asset...
Ripple News: XRP is Top Asset in New York-Traded C1 Fund
XRP is down 1.80% on the day, but a New York Stock Exchange-listed fund has some big news, revealing that Ripple makes up the larg...