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Coinbase's Layer 2 network Base thrives as interest in crypto surges 🚀; Robinhood launches new media arm Sherwood News to expand beyond trading 📰

Coinbase's Layer 2 network Base thrives as interest in crypto surges 🚀; Robinhood launches new media arm Sherwood News to expand beyond trading 📰

FinTech is Eating the World, 10 April

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Linas Beliūnas
Apr 11, 2024
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Linas's Newsletter
Linas's Newsletter
Coinbase's Layer 2 network Base thrives as interest in crypto surges 🚀; Robinhood launches new media arm Sherwood News to expand beyond trading 📰
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Hey Everyone,

Good morning & happy Thursday! Today’s issue is extra hot as we’re going to look at Coinbase's Layer 2 network Base that’s growing like crazy (looking at the latest numbers, what’s driving the crazy growth & why it matters + a bonus deep dive into Coinbase & why it’s still underrated), and Robinhood that just launched a new media arm to expand beyond trading (what’s the USP & how the lines between finance and media are getting increasingly blurry + a deep dive into Robinhood & why it might be worth your time and money in 2024). So let’s jump straight into the spicy stuff 🌶

Coinbase's Layer 2 network Base thrives as interest in crypto surges 🚀

Following the money 💸 Crypto giant Coinbase's Layer 2 network Base has experienced a surge in popularity and profitability following the recent Dencun upgrade.

The network has seen a significant increase in transactions, surpassing its main competitors, Arbitrum and Optimism, and setting new records since its launch last summer.

Let’s take a look at this, see why it’s so important for Coinbase, and what’s next.

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