Coinbase is rebranding its self-custodial Base App back to Coinbase Wallet. This change follows a 14-month experiment to build a social-focused everything app.
Management acknowledged the social strategy failed to gain significant user traction. The company is now shifting focus back to core financial services and multichain trading.
The wallet currently supports more than 10 networks, including Robinhood Chain. It will serve as a test kitchen for assets not yet listed on the main exchange.
New features include access to perpetual futures, prediction markets, and tokenized stocks.