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Coinbase shifts INJ tokens from Ethereum to Injective's native chain, enabling direct deposits and withdrawals.

Protocol Fundamentals
18 Jun 2026
Crypto Briefing
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Bullish
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Coinbase will migrate INJ tokens from Ethereum's ERC-20 format to Injective's native blockchain between July 20-22, 2026, pausing deposits and withdrawals during this period. This change uses Injective's MultiVM technology, which unifies token balances across different blockchain environments without bridging. The migration is automatic, free, and at a 1:1 ratio, allowing INJ holders to transact directly on Injective's chain, improving efficiency and user experience. This move follows earlier native INJ support by Coinbase Custody and Kraken, signaling broader adoption of Injective's Layer 1 blockchain for decentralized finance.

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