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<div class="intro-text">
 Jesse Pollak, the team lead for Ethereum’s Layer 2 blockchain Base, has taken on a new role within Coinbase’s executive team.
</div>
Alongside his continued leadership of the Base project, Pollak will now head Coinbase Wallet, reinforcing the company’s mission to broaden the accessibility of blockchain technology for a larger audience.
In a recent <a href="https://twitter.com/jessepollak/status/1840880049165365432?t=1bBeBXuGWxYezQ1mI2Dbmg&amp;s=19" rel="noopener noreferrer nofollow">social media post</a>, Pollak explained that his leadership of Base and Coinbase Wallet is a deliberate strategy. He highlighted that the two initiatives share a common objective: simplifying the process of bringing users on-chain and connecting them to the diverse range of products in the decentralised economy. 
<blockquote>
 “Now, we’ll be able to work more closely to make this happen,”
</blockquote>
Pollak remarked.
Despite taking on this new role, Pollak reassured the community that Base will stay true to its core principles of decentralisation and openness. He emphasised, 
<blockquote>
 “Base will remain committed to being inclusive, serving as a bridge rather than an island, and staying decentralised and open source.”&nbsp;
</blockquote>
Pollak also affirmed that Coinbase Wallet would continue to uphold its mission of integrating with the broader on-chain ecosystem. By aligning Base’s values with Coinbase Wallet, Pollak intends to strengthen collaboration between both teams, ensuring they work cohesively toward a unified vision.
Many industry experts and analysts congratulated Pollak on his new role and described it as a promising step for both Base and Coinbase Wallet. Pseudonymous crypto analyst Altcoin Psycho <a style="color: #0000ff;" href="https://twitter.com/AltcoinPsycho/status/1840894114822246821?t=OmBM5Wd0mYiYhVaAc_RRnw&amp;s=19" rel="noopener noreferrer nofollow">expressed</a> optimism on X, stating that Pollak’s appointment signals potential for greater mainstream adoption of crypto.
Meanwhile, Coinbase’s President and Chief Operating Officer, Emilie Choi, <a href="https://twitter.com/emiliemc/status/1840926313265447073?t=mS1AVHTEJi51p3juvOVW2Q&amp;s=19" rel="noopener noreferrer nofollow">shared in a post</a> that Manish Gupta, the former engineering vice president, had left the company to “start a new chapter.” Pollak will be stepping into Gupta’s role as engineering vice president.
Pollak <a style="color: #0000ff;" href="https://www.linkedin.com/in/jessepollak?utm_source=share&amp;utm_campaign=share_via&amp;utm_content=profile&amp;utm_medium=android_app" rel="noopener noreferrer nofollow">previously led Coinbase’s</a> consumer and retail engineering teams from January 2018 to September 2021, and he played a key role in the development of Coinbase Pro and Coinbase Wallet.
This appointment follows Coinbase’s recent <a style="color: #0000ff;" href="https://defi-planet.com/2024/09/coinbase-launches-its-wrapped-bitcoin-product-cbbtc/" rel="noopener noreferrer nofollow">launch</a> of “Coinbase Wrapped Bitcoin” (cbBTC), an ERC-20 token fully backed by Bitcoin at a 1:1 ratio. Designed to boost Bitcoin’s utility in DeFi, cbBTC allows millions of Coinbase users to securely access Ethereum-based financial apps using their Bitcoin. It also builds on Coinbase’s efforts to enhance Bitcoin’s functionality, including its recent integration of the Lightning Network for instant, low-cost payments, enabling Bitcoin use across Ethereum and Base.
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The post <a href="https://defi-planet.com/2024/10/base-creator-jesse-pollak-joins-coinbase-executive-team/" rel="noopener noreferrer nofollow">Base Creator Jesse Pollak Joins Coinbase Executive Team</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Base Creator Jesse Pollak Joins Coinbase Executive Team

DeFi Planet

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