Coinbase CEO buys 5 million "BALAJIS" tokens in a promotional move for Zora integration
Brian Armstrong, the CEO of the global cryptocurrency platform Coinbase, posted a screenshot on his official account on X (formerly Twitter) showing that he purchased 4,964,005.4 units of the BALAJIS token, in a notable move that came following the platform's announcement of its direct support for purchasing creator tokens from the Zora platform within its application.
Armstrong retweeted a post from Jesse Pollak, the ecosystem lead for Base (Coinbase's layer two), confirming that users can now buy any token created on Zora directly from within the Coinbase app easily, without needing to navigate between platforms.
This move strengthens Coinbase's strategy aimed at supporting the infrastructure of tokens and the simplified exchange of digital assets, and reflects a broader trend of seamlessly integrating the experience of buying tokens generated from creative platforms within centralized applications.
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