<ul><li>Coinbase is launching wrapped versions of major cryptocurrencies, starting with cbLTC, to bring LTC, ADA, DOGE, and XRP into DeFi on Base, its Ethereum Layer-2 network.</li><li>Coinbase shared smart contract addresses for cbADA, cbDOGE, cbLTC, and warned about fraudulent tokens. No tokens are live yet.</li><li>Coinbase's stock surged 46% following news that it will join the S&P 500 on May 19, replacing Discover Financial Services.</li><li>Coinbase's acquisition of Deribit for $2.9 billion is expected to boost long-term value, complementing its expansion into DeFi and attracting institutional investors.</li></ul>

Coinbase Teases cbADA, cbDOGE, cbLTC, and cbXRP—Launch Coming Soon

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