Coinbase Starts ‘Wallet as a Service’ That Companies Can Build Into Their Own Apps

The service could be used by gaming apps where tokens or NFTs are part of the game, or by companies that might want to incorporate a wallet into an app and make that “almost invisible to the end user,” Patrick McGregor, Coinbase’s head of product for Web3 developer platforms, said in an interview.

“We view this as being the central enabling technology and revenue source for our developer strategy,” McGregor said. Fees will be charged on a per-wallet basis, he said. Traditional crypto wallets are “difficult for users to access” because of their “complex mnemonic seeds” and “counterintuitive” user interfaces, Coinbase said. “In a world where wallets are simple, companies can finally build Web3 experiences accessible to everyone regardless of technical knowledge.”

coinbase Liqquidity “Conbase” and “web 5”

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Coinbase announces Wallet-as-a-Service product to simplify web3 onboardingCoinbase has announced Wallet-as-a-Service (WaaS), making it easier for companies to build web3 experiences for users. Complements their other institutional and B2B quite nicely - curious what the pricing is and the SLA/Roadmap is on this.
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