Coinbase Creates Verified Pools, a Verified DeFi Built from Uniswap, with Noncustodial Wallet
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Coinbase has introduced Verified Pools, a new DeFi trading platform built on Uniswap v4 and running on Base, their layer 2 Ethereum blockchain. The platform requires identity verification for liquidity providers, aiming to increase security and transparency in decentralized finance trading. Users can trade tokens with verified identities while maintaining non-custodial wallet control, initially available in select countries like the US, Singapore, and the Netherlands.
March 23, 2025 | 7:15 am
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NEUTRAL IMPACT
Coinbase's Verified Pools is developed from Uniswap v4, potentially signaling a collaborative approach in the DeFi ecosystem and highlighting Uniswap's technological flexibility.
While Coinbase is using Uniswap v4 as a technological base, the impact is neutral as it represents more of a technological adaptation than a direct competitive threat.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Coinbase's Verified Pools introduces a new DeFi trading model with identity verification, potentially attracting institutional and retail traders seeking more secure trading environments.
The new product demonstrates Coinbase's innovation in DeFi, potentially attracting more users and institutional investors by addressing key security concerns in decentralized trading.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100