Coinbase Unlocks Millions of Tokens With New DEX Trading Feature
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
New Trading Feature Launch: Coinbase is introducing a decentralized exchange (DEX) trading feature for U.S. customers, excluding New York, which will initially operate on its Ethereum Layer 2 network, Base, and plans to expand to other blockchains like Solana.
Market Positioning Strategy: This move aims to enhance Coinbase's asset offerings from around 300 tokens to potentially millions, as the company seeks to regain growth amidst declining trading volumes and increased competition from rivals like Kraken and Robinhood.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
