Coinbase Launches Web3 Wallet Targeting Institutional and Enterprise Clients


Coinbase, one of the most popular crypto exchanges, continues its expansion journey with the official launch of its Web3 wallet designed to facilitate transactional interactions for major institutions with Web3, DeFi, and NFTs.

Per Coinbase’s statement, this crypto wallet will rely on MPC tech to enable clients to store tokens from supported networks, access funds, interact with dApps and smart contracts, and tap into decentralized liquidity to trade a wide range of assets.

Moreover, this Web3 wallet will provide direct access to DeFi, allowing clients to buy, sell, mint, manage NFT collections, and operate Web3 social accounts.

Clients can access the wallet directly from their existing Prime account. The wallet can hold NFTs, DeFi, DAO, and crypto tokens from nine different networks and has a swap feature for trading over 33,000 tokens across six major chains.

A Game-Changer for Enterprises

In a move to redefine security and reporting for enterprises, the company developed the Coinbase Prime Web3 wallet tailored to the fundamental needs of institutional…

Read more…