Coinbase partners with Centrifuge to lead tokenized asset issuance on Base blockchain.

Coinbase has chosen Centrifuge as its preferred infrastructure partner for tokenized asset issuance across its ecosystem, including the Base blockchain. This strategic partnership includes an equity investment by Coinbase in Centrifuge and positions Centrifuge as the default issuance layer for institutional assets, which are expected to launch on Base soon. The move supports Coinbase's expansion in tokenized real-world assets, a sector currently valued at around $27 billion onchain. This collaboration enhances Coinbase's offerings in ETFs, credit products, and structured blockchain-based assets, aiming to standardize and grow institutional access to tokenized investments.