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Coinbase launches unified onchain monitoring through new wallet app

Coinbase launches unified onchain monitoring through new wallet app

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Source: Coin Telegraph

Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets.

Coinbase is releasing a new version of its crypto wallet that will allow users to access their portfolios from multiple platforms in a single place.

The company said in a July 11 statement that the new wallet will be available through a website on desktop and mobile devices. Users will be able to connect any self-custodial wallet supported by Wallet Connect, including MetaMask and Phantom wallets, to have an aggregated view of assets across applications. Users don’t need to have a Coinbase wallet to use the service.

According to Coinbase, the solution seeks to address retail user demand to track non-fungible tokens (NFTs) and decentralized finance (DeFi) positions across wallets. “Many people also manage several crypto wallets and […] achieving a comprehensive view of all their assets in one place has been a challenge,” said Coinbase.

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Author: Ana Paula Pereira