Coinbase's Layer 2 solution, Base, has seen over $100 million in crypto assets bridged over to it, according to L2beat. Base's roll out is part of Coinbase's "Onchain Summer" initiative, which includes collaborations with brands such as Coca-Cola and OpenSea. Coinbase sees Base as an investment in blockchain infrastructure that will drive down transaction costs and increase transaction speed, unlocking new use cases over time.
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