March 9, 2025
Coinbase Acquires Iron Fish Team to Boost Privacy On Base thumbnail
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Coinbase Acquires Iron Fish Team to Boost Privacy On Base

The Iron Fish Blockchain Will Continue to Operate Independently, and Its Ceo Will Continue Serving on the Iron Fish Foundation’s Board.”, – WRITE: www.coindesk.com

The Iron Fish Blockchain Will Continue to Operate Independently, and Its Ceo Will Continue Serving on the Iron Fish Foundation’s Board.Updated Mar 7, 2025, 9:04 AM UTCPUBLISHED MAR 7, 2025, 9:02 AM UTC

Coinbase has the acquired the team behind Iron Fish, a privacy-focused Blockchain Project, to Strengthan Privacy Features on It Layer 2 Network Base, The Company Announced.

The Deal Does Not Include The Iron Fish Blockchain or Its Native Token, Which Will Continue to Operate Independently “and Unaffilged with Coinbase Or,” Under The Iron FISH.

The Acquisition Brings Iron Fish’s Key Developers, Including Ceo Elena Nadolinski and Jason Spafford, To Coinbase In A Bid to Form A New Prievacy-Focused Team Within Base, Privacy-Preservation Tools for on -chain Transactions.

Coinbase SAID The MOVE WAS MADE TO ENSURE EVERYONONE HAS ACCESS TO ENHANCED PRIVACY, WHICH IT SAID “ISN’T OPATAL” But IS A “CORE BUILDING BLOCK.”

Privacy can a challenge for blockchain Networks, WHICH OFTEN Exposure Transaction Details by Default, as It Can Be Abused for Illicit Activities. By integration privacy features Directly Into Base, Coinbase Emphasized IT AIMS to Offer Developers Tools to Build More Secure and Compliment Decentralized Applications.

Nadolinski Will Continue Serving on the Iron Fish Foundation’s Board, Ensuring Continuity for Theproject, The Announcement Adds.

Francisco RodriguesFrancisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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