- Coinbase has introduced cbETH, a liquid wrapped token that can signify ETH staked on its platform.
- Coinbase intends for customers to flow into cbETH, as staked ETH may in any other case stay locked till 2023.
- The corporate says that it’ll compete with one other main liquid staking platform, presumably Lido.
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Coinbase has introduced that it’ll launch its personal wrapped token upfront of Ethereum’s upcoming merge.
Coinbase Proclaims cbETH
Coinbase introduced on…