Coinbase CEO: Exploring its own network token is still in its early stages

According to Odaily Planet Daily, Coinbase CEO Brian Armstrong stated in a post on the X platform that the Base network is exploring the possibility of launching its own network token, which could become "an excellent tool for accelerating decentralization and expanding the growth of creators and developers in the ecosystem." The Base team is still in the early stages of exploration and has not yet released details about the token's timing, design, or governance mechanism.