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Coinbase Wrapped Staked ETH

Coinbase Wrapped Staked ETH

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Coinbase Wrapped Staked ETH, often abbreviated as cbETH, is a utility token that encapsulates E...

Stage
Series C+
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

Coinbase Wrapped Staked ETH, often abbreviated as cbETH, is a utility token that encapsulates Ethereum 2.0 (ETH2) staked ETH within the Coinbase ecosystem. This token is designed to represent staked ETH, enabling users to maintain liquidity and flexibility with their staked assets. By wrapping their staked ETH, users receive cbETH, which can be freely traded, transferred, and utilized across a wide range of decentralized finance (DeFi) applications and other decentralized platforms.

Expert Insight
Verified Series C+ project.

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