Coinbase (COIN), the largest publicly traded crypto exchange in the United States, announced the launch of its new Base blockchain, ushering in a new era of public corporations running their own distributed networks.
Base was already available for developer testing, but Coinbase officials announced it will be released to the public by 12 p.m. ET on Wednesday, which has now past.
According to officials, Coinbase’s new business drive might eventually allow the company to earn fees from running its own blockchain, in addition to a potentially even more lucrative stream of revenue from applications created on top of it.