Coinbase expands Luxembourg presence with new offices. Published on Thursday, 25 Jun 2026 08:46 by SM Rate this item: On Thursday 24 June 2026, Coinbase Luxembourg SA inaugurated its new offices at 58 Boulevard Grande-Duchesse Charlotte, located at the very start of Route d'Arlon and beside the Stäreplaz tram stop. They have moved from Luxembourg-Gare due to company growth, with a total of 27 staff now employed from the Luxembourg offices. On a sweltering evening, Jean-Baptiste Graftieaux, Coinbase's CEO, opened proceedings and addressed the 60+ group of invited guests. He thanked the Luxembourg Minister for Finance for his support, and Luxembourg for Finance, the Ministry for Finance, the CSSF (financial regulator) and ABBL (the banking union). He stated that this evening was not only about opening the office, but investing in headcount (staffing) and licences allowing cross-border operations; he added that the Luxembourg government wants to modernise and innovate, embracing crypto. Luxembourg's Minister for Finance, Gilles Roth, congratulated the teams involved on achieving the milestone and strengthening the offer of financial services offered from Luxembourg. He talked about the continued development of European operations and now a new headquarters in the Stäreplaz, a district which is under redevelopment; he also addressed the future of digital finance, based on trust which supports a move from innovation to mainstream. He talked up Luxembourg, explaining that it offers a serious platform for long-term growth. He recalled that the financial centre here was built over decades and has been strengthened along the way. Over 50 years ago, American banks chose Luxembourg as their base; now crypto and other digital finance companies are setting up here. He also mentioned the blockchain law established in 2019 and which has been enhanced three times since. He then admitted that recruiting talent is not easy in Luxembourg and referenced the new financial incentives to attract young professionals. Daniel Seifert, Coinbase VP, then addressed those attending briefly, thanking them for attending and talking a bit about where the company is now. The event continued with a cocktail reception and networking. Coinbase is a crypto-asset service provider and an electronic money institution (EMI). It operates a crypto trading app. Caption: Finance Minister, Gilles Roth, with Coinbase leadership Credit: Chronicle.lu

Coinbase Ventures backs Multipli as rwaUSDi nears $300M across Base and Ethereum. Coinbase Ventures has invested in Multipli through the Base Ecosystem Fund, backing a real-world asset protocol built around tokenized collateral, yield infrastructure and onchain credit markets. Multipli is focused on a problem now sitting at the center of the RWA market. Tokenized assets are moving onchain quickly, but many still behave like isolated exposure products. They may represent stocks, gold, Treasuries or private-credit claims, yet their usefulness depends on whether they can move into lending, collateral and settlement flows. That is where Multipli fits into the Base ecosystem. Coinbase has been building around tokenized equities, private settlement and app-native financial products, while Multipli brings a credit layer that can make RWAs more useful after issuance. Instead of leaving tokenized assets idle, the protocol is designed to turn them into collateral and yield-bearing financial inputs across DeFi. rwaUSDi gives the deal A Near-$300M RWA Base. Multipli's institutional product, rwaUSDi, already gives the investment a measurable RWA footprint. RWA.xyz tracks rwaUSDi near $300 million in total value, spread mainly across Ethereum, Base and Arbitrum. Base already accounts for a large share of that tracked value, giving Coinbase Ventures exposure to a product that is not only aligned with the network but already active on it. The distribution also shows how RWA credit is becoming multichain without losing the importance of where liquidity concentrates. rwaUSDi is built for institutional and structured credit use cases, including private credit, asset-backed loans, project finance and other assets with slower redemption profiles. Its role differs from ordinary stablecoins and tokenized equities. It is not simply a dollar token, and it is not a direct claim on a public stock. Its value and risk depend on the collateral framework, issuer terms, liquidity conditions, redemption structure and the credit assets sitting behind the product. Multipli targets liquidity after tokenization. Multipli's rwaUSD documentation describes rwaUSD as a yield-enabling financial primitive rather than a yield-bearing asset by default. The product is designed to standardize tokenized real-world assets so they can participate more efficiently in onchain and hybrid yield markets. The protocol's rwaUSD and rwaUSDi breakdown separates liquid RWA collateral from structured credit exposure. rwaUSD is designed to make highly liquid tokenized assets more composable across DeFi, while rwaUSDi is built for institutional credit assets with more specific terms and slower liquidity. That structure gives Multipli a clearer position inside the RWA market. Tokenization can bring assets onchain, but credit infrastructure determines whether those assets can be borrowed against, routed into yield strategies or used as collateral across multiple applications. Base's RWA stack keeps expanding. The investment lands as Coinbase's RWA strategy becomes more visible across several products. Coinbase has already moved into 1:1-backed tokenized U.S. stocks, while Base has launched private settlement rails for institutional transactions. Multipli adds another part of the same onchain finance stack. Tokenized stocks, gold and credit products become more valuable when they can support borrowing, collateral movement, yield routing and settlement instead of remaining standalone tokens with limited utility. Coinbase Ventures is now backing Multipli at a point where rwaUSDi is already near $300 million in tracked value and Base holds a meaningful share of that supply. The funding places Multipli inside one of the clearest RWA battlegrounds: turning tokenized assets from market exposure into working credit infrastructure.

Base launches private settlement rails for institutional transactions. Last updated: June 17, 2026 11:52 am 5 hours ago Coinbase's Base network has launched Base Ledgers, an enterprise settlement system that keeps balances, transfers and transaction activity away from public block explorers while settling funds on Base. The early-access product addresses one of the largest barriers preventing financial institutions from using public blockchains. Banks, payment companies, brokers and corporate treasuries cannot expose supplier relationships, client positions, payroll data or internal capital movements every time they complete an onchain transaction. Base Ledgers creates a private payments environment connected to the public Layer 2. Funds enter and leave through a Portal smart contract, while the enterprise operates a separate sovereign ledger for internal balances and transfers. Deposits conceal the recipient, withdrawals conceal the sender, and the two movements cannot be directly linked through the public chain. The structure does not make every Base transaction private. It gives participating institutions a configurable ledger that settles through Base while keeping sensitive operational data outside public explorers. Privacy comes with operator-level compliance. Each institution controls its own KYC, transaction restrictions and compliance policies. The ledger operator remains responsible for custody and regulatory controls, allowing access to be limited to approved customers and counterparties. That setup supports private financial activity without removing accountability. A bank can run a verified payment corridor, a brokerage can settle trades between known counterparties, and a stablecoin issuer can enforce access rules without publishing every customer balance and transfer amount. The model follows a wider push to treat financial privacy as legitimate infrastructure rather than evidence of suspicious activity. SEC Commissioner Hester Peirce recently argued that crypto privacy should not be treated as criminal intent, particularly when public ledgers can expose commercially sensitive or personally identifiable financial behavior. Payments, payroll and brokerage settlement move off the public screen. Base Ledgers can support business payments, payroll, corporate treasury transfers, stablecoin settlement, remittance corridors and brokerage operations. A company can pay suppliers without exposing its vendor network. Employers can distribute salaries without publishing compensation levels. Treasury teams can move stablecoins between custodians and corporate accounts while keeping balances confidential. Brokers can settle trades without revealing positions or order flow to the wider market. Deposits and withdrawals remain composable with other Base transactions. An institution can combine a withdrawal with an onchain swap or deposit funds and execute another action atomically, reducing the risk of assets becoming trapped between settlement stages. Base has already grown into a major public trading network, recently overtaking Solana in daily decentralized exchange volume. Base Ledgers adds a separate institutional layer built around confidentiality, controlled access and predictable settlement. Enterprises can operate the infrastructure directly or use Coinbase Managed for a hosted implementation. Adoption will depend on how banks, stablecoin issuers and payment firms integrate private ledgers with existing compliance systems, custody arrangements and public Base liquidity.