For crypto exchange giant Coinbase, 2023 is all about getting web3 into new markets and partnerships while onboarding more users into crypto.
On Wednesday, Coinbase launched its wallet as a service (WaaS), a scalable set of wallet infrastructure APIs that allow companies to create and deploy customizable on-chain wallets to their users. This means companies can natively integrate wallets directly into their apps so users won’t be redirected to separate applications to connect their wallets (like most web3 dApps require today).
“The theme [of 2023] really is this flywheel on the supply side of
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