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Cryptocurrency News Articles
Base Creator Jesse Pollak Tapped to Lead Coinbase's Wallet Team
Oct 01, 2024 at 01:31 pm
Pollak will also be joining Coinbase's executive team.
Jesse Pollak, the creator of Layer 2 blockchain Base, will now be leading Coinbase's team for the exchange's wallet. Additionally, Pollak will be joining Coinbase's executive team.
"I’m really excited to take on this new mandate and to accelerate our mission of bringing a billion people and a million builders on-chain," Pollak said in a post on X. "Coinbase Wallet will continue to work across the entire onchain economy, and we’ll start the work of embodying the other Base values in even more ways."
Coinbase initially launched its self-custody wallet in 2017 for mobile, then in 2021 for the desktop as an extension for Google's Chrome browser. This year, the app has seen a rise in the rankings of free finance apps in Apple's App Store, starting at #99 in September and moving up to #79 in October.
Pollak was recognized as one of CoinDesk's most influential people of 2023 for his work on Base. The blockchain, which recently surpassed $2.2 billion in total value locked (TVL), integrated a wrapped version of bitcoin on the protocol in mid-August.
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