Jesse Pollak, Coinbase Wallet’s head of Base, stated that the team is currently in the exploratory phase of considering the possibility of introducing Coinbase’s staking to Base, which is the Ethereum layer 2 network developed by Coinbase.
Although there are no specific plans at the moment, Pollak’s remarks suggest that the platform aims to expand its services to US citizens by 2025.
“We are currently in the exploratory phase and are working to understand the regulatory requirements that need to be met in order 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 significant endeavor.
In the meantime, COIN can be accessed by non-US residents through platforms like Backed, a project that tokenizes 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 accessible to everyone,” Pollak added.
*This does not constitute investment advice.