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Coinbase Joins the Ethereum Layer 2 Rat Race – Can It Grow?

The U.S. exchange, which has long looked for ways to diversify its revenue, will compete in and contribute to the crowded rollup sector.

Brian Armstrong, CEO of Coinbase, which is launching a layer 2 network.  (Steven Ferdman/Getty Images)
Brian Armstrong, CEO of Coinbase, which is launching a layer 2 network. (Steven Ferdman/Getty Images)