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Leading Crypto Management Firm Executive Says Coinbase’s Base Will Launch $Base Token

  • Jeff Dorman, Chief Investment Officer at Arca, claims that Coinbase's Base blockchain project will launch its native token in the future.
  • Dorman suggests that Coinbase will issue dividends to each Coinbase ($COIN) stockholder in the form of the Base token and indirectly force non-crypto stockholders to create a crypto wallet on Coinbase.
  • Several fake Base tokens have emerged in the crypto space, taking advantage of the association with the Base blockchain project.
  • Coinbase has clarified that they have no plans to launch a cryptocurrency, and these fake tokens are created by bad actors.

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