News Explorer — Coinbase Ventures Purchases an Undisclosed Amount of Rocket Pool Tokens

By Decrypt August 11, 2023 In Coinbase, Cryptocurrencies, NFTs, Rocket Pool

Coinbase Ventures, the investment arm of Coinbase, has made a strategic investment in Rocket Pool, a liquid staking protocol. Rocket Pool allows individuals to fund new validators and earn rewards, even with less than the minimum amount needed to fund an Ethereum network validator node. Coinbase has invested in Rocket Pool by purchasing an undisclosed amount of RPL, the protocol’s native token.

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