Coinbase Enhances Layer 2 Network with Iron Fish Team Acquisition

Coinbase Strengthens Privacy on Base Network

In an effort to bolster privacy elements on Base, its layer 2 network, Coinbase has procured the team associated with Iron Fish, a blockchain endeavor known for its focus on privacy. This strategic acquisition aims to enhance the privacy capabilities within the Base network.

Though the team will contribute to Coinbase, the Iron Fish blockchain and its native token will remain autonomous. These aspects will continue to function independently, as they are maintained by the Iron Fish Foundation, without any affiliations with either Coinbase or Base.