We are officially live on the Coinbase BASE network, further expanding our institutional-grade financial solutions across the blockchain ecosystem. This marks a significant milestone in our journey to bring institutional deposit tokens and institutional cash funds to a broader market of investors, enhancing liquidity, security, and accessibility.
Why Coinbase BASE?
Coinbase BASE is a Layer-2 solution that leverages the security and scalability of Ethereum while being fully integrated with the Coinbase ecosystem. By launching on BASE, we are unlocking new levels of efficiency, accessibility, and interoperability for institutional partners on BASE. BASE’s robust infrastructure enables frictionless, low-cost transactions, making it the perfect partner for Frictionless Markets' commitment to providing fast, secure, and scalable financial solutions on-chain.
Enhanced Omnichain Functionality via Chainlink CCIP
Our integration with BASE is not just about expanding to another network; it’s about laying the foundation for cross-chain institutional finance. Through our ongoing partnership with Chainlink Cross-Chain Interoperability Protocol (CCIP), Frictionless Markets now offers omnichain permissioning, allowing institutional investors to seamlessly move assets between multiple blockchains while ensuring compliance and regulatory oversight.
Chainlink CCIP's secure, efficient cross-chain routing is the backbone of our liquidity aggregation and transferability strategy, ensuring that assets move swiftly and securely between networks with minimal friction. This level of flexibility empowers institutional investors to optimize their portfolios across a range of assets and markets without being constrained by a single chain.
Frictionless Institutional Offerings: Now on BASE
Frictionless Markets is committed to making capital movement seamless and secure. With the launch of our Institutional Deposit Tokens on BASE, investors can now benefit from instant settlement across different blockchains, allowing them to transfer capital and tap into multi-currency money market funds (MMFs) without delay.
The ability to move institutional capital across multiple currencies on-chain, including Yen, U.S. Dollar, Euro, Pounds Sterling and Hong Kong Dollar, offers a distinct advantage for institutions looking to take advantage of global liquidity pools and yield-bearing instruments.
This launch represents yet another leap forward in institutional on-chain finance, and we are excited to see how this integration with Coinbase BASE will empower institutional investors to move on-chain and experience the vast benefits of frictionless, instant capital flows.
Unparalleled Liquidity and Stability
A key differentiator of our offering is the underlying liquidity of our institutional cash funds. Unlike competitors that layer additional risk by managing U.S. Treasuries offshore, our Institutional Cash Funds are exclusively invested in BlackRock Institutional Cash Series (ICS) providing unmatched liquidity, security, and transparency, ensuring that our Institutional Cash Funds remain a stable and low-risk fully collateralized asset for institutional investors.
Institutional partners can rest assured that their capital is backed by highly liquid, well-regulated funds while benefiting from our blockchain-based infrastructure's full range of tax efficiencies and transferability.
A Frictionless Future: The Road Ahead
With Frictionless Markets now live on Coinbase BASE, we continue to take charge of bridging traditional finance with decentralized networks. By expanding our footprint to this cutting-edge network, we aim to provide institutional investors with the tools they need to navigate a rapidly evolving financial landscape with confidence, security, and efficiency.
Our journey doesn't stop here. As we continue to expand across additional Layer-1 and Layer-2 networks like Polygon, Optimism and of course, Ethereum, our ultimate vision is to provide institutions with a seamless, cross-chain financial ecosystem that offers unparalleled liquidity, yield, and flexibility—all backed by the strongest institutional-grade protections available.
Stay tuned for more exciting updates as we continue to innovate and redefine what's possible in the world of institutional finance.
Join us on this journey as we continue to unlock the future of institutional finance.