Coinbase CEO Clarifies Controversy: Will Not Endorse Meme Coins or Projects, Supports Long-term Building of Base

Odaily星球日报讯 Coinbase CEO Brian Armstrong has responded to recent controversy surrounding his X account profile picture change and claims that the Base community is "unsupported." He thanked the community for their feedback and acknowledged that his previous communication of expectations was not clear enough. Users should not consider the content of his personal X account as investment advice or signals for specific tokens. He stated that his posts are merely sharing internet content he finds interesting, and he may not even be aware if a particular post is linked to a token or project. He pointed out that neither his tweets nor his profile picture changes represent an endorsement or commitment to any project.

Regarding support for the Base ecosystem, Brian Armstrong stated that Base's goal is to build financial services infrastructure, supporting various application scenarios including stock tokenization, lending protocols, stablecoin payments, and Meme coin trading. Coinbase supports users in freely trading assets but will not use its official influence to "pump" or promote specific tokens. Both the Coinbase and Base teams are subject to compliance and regulatory restrictions, preventing them from listing certain tokens on the centralized exchange or promoting certain projects at the community's request.

Base is currently supporting ecosystem development primarily through offline Base Batches projects, developer grant programs, and investments via Coinbase Ventures and the Base Ecosystem Fund. Additionally, Coinbase will integrate some Base ecosystem DeFi protocols into its own products based on long-term user value assessment to help projects expand their distribution.

Brian Armstrong stated that Coinbase will continue to prioritize supporting projects that can create long-term user value in the future. He hopes this clarification will help the community establish clearer expectations. He also added that he may continue to post Meme content he finds interesting, but such content will not constitute investment advice.