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Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

Nearly $166 million had already flowed to the blockchain ahead of the official launch.

By Shaurya Malwa|Edited by Nelson Wang
Updated Aug 10, 2023, 7:17 p.m. Published Aug 10, 2023, 2:17 p.m.
Coinbase's new layer 2 network fell short of expectations on its first day. (Smith Collection/Gado/Getty Images)
Coinbase's new layer 2 network fell short of expectations on its first day. (Smith Collection/Gado/Getty Images)

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