TLDR Tech / Fintech
Coinbase shifts Base away from social experiments toward financial infrastructure
Coinbase executive Jesse Pollak is handing leadership of the Base app to Cobie after acknowledging that bets on Farcaster, creator coins, and other social features failed to gain lasting traction. Pollak will refocus on Base's blockchain infrastructure, prioritizing tokenized asset trading, stablecoin payments, and AI agents as Coinbase positions the network as settlement infrastructure for global finance.
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