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Coinbase Wrapped ADA

Coinbase Wrapped ADA

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Coinbase Wrapped ADA is a web3 protocol centered around the CBADA token. cbADA is fungible 1:1...

Stage
Seed
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

Coinbase Wrapped ADA is a web3 protocol centered around the CBADA token. cbADA is fungible 1:1 with a dedicated reserve of ADA held at Coinbase. The process of minting (sending) and burning (redeeming) cbADA ensures trust and transparency, providing a frictionless experience for users. When a user requests a withdrawal of cbADA, Coinbase holds the corresponding amount of ADA in its custody to back the cbADA minted.

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Verified Seed project.

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