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On September 11, Coinbase announced that it has renamed the Base App back to Coinbase Wallet, reversing the decision made a year ago. The focus of the self-custody application is shifting towards trading and broader multi-chain access. Ryan Kass, the product lead for Coinbase Wallet, stated that the wallet will serve as a 'test kitchen' for products and assets not yet offered by the centralized exchange Coinbase, with the first case being perpetual contracts supported by Hyperliquid. The wallet also supports long-tail assets and plans to gradually integrate new chains as they launch.
Additionally, the wallet supports prediction markets and tokenized stocks. Coinbase indicated that the Base App has evolved into a broader multi-chain trading platform, making the restoration of the Coinbase Wallet name a reasonable decision. The wallet is promoted with the selling points of 'no KYC, no waiting, and no borders,' allowing users to start trading within minutes after downloading the app, although some features remain region-restricted. The wallet will automatically detect and hide scam or malicious tokens, and new markets and asset classes must undergo rigorous product and compliance reviews before launch.
In terms of background, Coinbase renamed Coinbase Wallet to Base App in July 2025, positioning it as a 'universal app' that integrates social features, mini-apps, messaging, payments, and trading. CEO Brian Armstrong acknowledged in March this year that the social experiment was 'not very successful,' after which Base founder Jesse Pollak handed over leadership of the app to Jordan 'Cobie' Fish.
On September 11, Coinbase announced the renaming of Base App to Coinbase Wallet, reversing the decision made a year ago and shifting the focus of the self-custody application towards trading and broader multi-chain access. Ryan Kass, the product lead for Coinbase Wallet, stated that the wallet will serve as a 'test kitchen' for products and assets not yet offered by the centralized exchange. The first case is a perpetual contract supported by Hyperliquid, and the wallet will also support long-tail assets, with plans to gradually integrate new chains as they launch. The wallet also supports prediction markets and tokenized stocks. Coinbase indicated that the Base App has evolved into a broader multi-chain trading platform, making the restoration of the Coinbase Wallet name a logical move. The wallet is promoted with the selling points of 'no KYC, no waiting, no borders,' allowing users to start trading within minutes after downloading the app, although some features remain regionally restricted. The wallet will automatically detect and hide fraudulent or malicious tokens, and new markets and asset classes must undergo rigorous product and compliance reviews before launch. In the background, Coinbase renamed Coinbase Wallet to Base App in July 2025, positioning it as a 'universal app' that integrates social, mini-apps, messaging, payments, and trading. CEO Brian Armstrong acknowledged in March this year that the social experiment was 'not very successful,' after which Base founder Jesse Pollak handed over the leadership of the app to Jordan 'Cobie' Fish.
Market data shows that BTC has fallen below $77,000, currently priced at $76,970, with a 24-hour decline of 3.24%. The market is experiencing significant volatility, so please ensure proper risk management.
Market data shows that BTC has fallen below $77,000, currently priced at $76,970, with a 24-hour decline of 3.24%. The market is experiencing significant volatility, so please ensure proper risk management.
Market data shows that BTC has fallen below $78,000, currently priced at $77,996.97, with a 24-hour decline of 1.61%. The market is experiencing significant volatility, so please ensure proper risk management.
Market data shows that BTC has fallen below $78,000, currently priced at $77,996.97, with a 24-hour decline of 1.61%. The market is experiencing significant volatility, so please ensure proper risk management.
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