2 hours ago
Layer 2 web Base is exploring issuing a autochthonal web token, according to the network's creator Jesse Pollak.
"We're going to beryllium exploring a web token," Pollak said astatine the BaseCamp lawsuit connected Monday.
"I volition beryllium up beforehand with y'all, it's early," helium added arsenic helium tapered expectations connected erstwhile a token would beryllium released.
He besides said that Base is committed to gathering the token connected Ethereum and volition enactment with regulators connected issuance and distribution.
Coinbase (COIN) launched Base successful 2023 and said astatine the clip it had "no plans to contented a web token."
Base has amassed $5 cardinal successful full worth locked (TVL) since it was introduced, with $1.7 cardinal being added successful 2025 alone. It is the 2nd largest furniture 2 web down Arbitrum, according to L2Beat.
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