Coinbase said it is renaming Base App back to Coinbase Wallet, reversing a branding move made a year ago as it refocuses the self-custody product on trading and broader multi-chain access. Ryan Kass, head of Coinbase Wallet, said the app will serve as a "test kitchen" for products and assets not yet offered on Coinbase’s centralized exchange. The first example is perpetual contracts powered by Hyperliquid. Kass also said the wallet supports long-tail assets and will add support for new chains as they go live.
Coinbase said the return to the Coinbase Wallet name reflects how the app has evolved into a broader multi-chain trading platform. The wallet also supports prediction markets and tokenized stocks. In promoting the product, Coinbase highlighted "no KYC, no waiting, no borders," saying users can begin trading within minutes of downloading the app, though some features remain subject to regional restrictions. The company added that the wallet will automatically detect and hide scam or malicious tokens, while new markets and asset classes must still pass strict product and compliance reviews before launch.
The move reverses Coinbase’s July 2025 decision to rename Coinbase Wallet as Base App and frame it as an all-in-one app combining social features, mini apps, messaging, payments, and trading. Coinbase CEO Brian Armstrong said in March this year that the social experiment was "not very successful," and Base creator Jesse Pollak later handed app leadership to Jordan "Cobie" Fish.
Coinbase said it is renaming Base App back to Coinbase Wallet, undoing a branding decision made a year ago and refocusing the self-custody app on trading and broader multi-chain access.
Ryan Kass, head of Coinbase Wallet, said the wallet will act as a "test kitchen" for products and assets that are not yet available on Coinbase’s centralized exchange. The first example is perpetual contracts powered by Hyperliquid. He added that the wallet supports long-tail assets and plans to add new chains as they launch.
Wallet name returns as product focus changes
Coinbase said bringing back the Coinbase Wallet name makes sense because Base App has developed into a broader multi-chain trading platform. The wallet also supports prediction markets and tokenized stocks.
In marketing the product, Coinbase highlighted "no KYC, no waiting, no borders," saying users can start trading within minutes of downloading the app. Some features, however, remain restricted by region.
Compliance checks remain in place
Coinbase said the wallet will automatically detect and hide scam or malicious tokens. It also said new markets and new asset categories will be subject to strict product and compliance review before launch.
Background to the reversal
In July 2025, Coinbase renamed Coinbase Wallet to Base App and positioned it as an "everything app" combining social features, mini apps, messaging, payments, and trading.
In March this year, Coinbase CEO Brian Armstrong said the social experiment was "not very successful." Base creator Jesse Pollak then handed leadership of the app to Jordan "Cobie" Fish.
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