Jesse Pollak joins Coinbase executive team while leading Base blockchain
Alongside his ongoing leadership of the Base initiative, Pollak will now also oversee Coinbase Wallet.
Jesse Pollak, the mastermind behind Ethereum’s Layer 2 blockchain Base, has taken a significant step in his career by joining the Coinbase executive team. In addition to leading the Base project, Pollak will now also oversee Coinbase Wallet, a key component in the company’s mission to enhance blockchain accessibility for a broader audience.
In a recent announcement on X (formerly Twitter), Pollak expressed his enthusiasm for his dual role, stating that both Base and Coinbase Wallet aim to simplify the process of connecting people to the expanding decentralised economy. He emphasised that this collaboration will strengthen efforts to onboard users onto the blockchain and enhance the overall experience.
Despite his expanded responsibilities, Pollak reassured the community that Base will maintain its core principles of decentralisation and openness. He underscored that both Base and Coinbase Wallet share the vision of being inclusive and accessible to everyone, fostering a collaborative environment between the two teams.
Coinbase is also enhancing its services with the recent launch of ‘Coinbase Wrapped Bitcoin’ (cbBTC), a new ERC-20 token that is backed 1:1 by Bitcoin. The initiative aims to improve the utility of Bitcoin within decentralised finance, allowing users to leverage their Bitcoin across various dApps on Ethereum and the Base network.
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