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Guavy AI Editorial TeamSentiment: 3Clout: 72

Coinbase Partners with Apex Group on Regulated Blockchain Investments

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Coinbase Asset Management and Apex Group have collaborated to offer a new investment option to institutional clients. A tokenized share class of the Coinbase Bitcoin Yield Fund will be introduced, leveraging the Base network's capabilities.

The Base network is an Ethereum Layer-2 blockchain designed by Coinbase for faster and cheaper transactions. This partnership aims to increase access to regulated blockchain investments globally.