Jesse Pollak on COIN’s Potential for Base

Jesse Pollak, head of Base and Coinbase Wallet, announced on social media that the team is “looking into” integrating COIN into the Coinbase-incubated Layer 2 in 2025, despite having “no concrete plans.”

> “We are in an exploratory phase and working to understand what needs to be unlocked from a regulatory perspective to bring assets like $COIN to Base in a safe, compliant, future-looking way,” Pollak shared on X, acknowledging that having the stock on the Layer 2 “would be huge.”

Pollak highlighted that COIN is technically accessible to non-U.S. citizens through projects like the RWA tokenization platform Backed. They stressed, “We need regulatory clarity and improvements that embrace on-chain as an open platform to unlock this for everyone.”

Additionally, Base’s position as a leading Layer 2 solution on Ethereum has strengthened significantly throughout 2024 and into the new year. According to The Block’s data, Base is dominating in daily transaction counts, active addresses, and daily unique addresses compared to other optimistic rollups.