The crypto exchange is expanding its wallet-as-a-service offerings, addressing developers’ pain points when building Web3 applications.
Coinbase is building two new wallet solutions focused on integration and balance transfer across Ethereum Virtual Machine (EVM) applications, targeting developers’ onboarding to its layer-2 blockchain Base.
Among the new solutions is a smart wallet that allows users to take their balances with them in different EVM-compatible applications integrated with the Coinbase Wallet SDK. The second feature is an embedded wallet that enables developers to incorporate noncustodial white-labeled wallets into their applications.
According to Coinbase, both features are designed to minimize developers’ pain points regarding user experience when building Web3 products.
