Coinbase launches 'Coinbase Token Manager'…supports automated token operations

Source
Minseung Kang

Summary

  • Coinbase said it has launched a new solution, Coinbase Token Manager, to streamline token issuance and operations.
  • It said Token Manager provides automated vesting and lockup features, as well as large-scale token distributions that can be executed with a single click.
  • It explained that the service supports workflows for tax withholding and related documentation, with the goal of enabling project teams to focus more on development and building services.

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Photo = capture from Coinbase X
Photo = capture from Coinbase X

Coinbase has unveiled a new solution designed to streamline token issuance and operations.

Coinbase said on the 3rd via X (formerly Twitter) that it has launched “Coinbase Token Manager.” The service is a tool aimed at helping project teams manage token-operations tasks more efficiently.

According to Coinbase, Token Manager offers automated vesting and lockup features. It also enables large-scale token distributions with a single click, and supports workflows for tax withholding and related documentation.

Coinbase explained that its goal is “to simplify token operations so teams can devote more time to development and building services.”

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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