Coinbase Developer Platform team has introduced a new developer-focused wallet architecture, CDP Wallets, now in open beta, designed to eliminate the traditional trade-off between custodial security and operational complexity

Event date

May 28, 2025

Quotes that support claims

Now available in open beta, CDP Wallets seeks to address this, giving developers "full control" to create self-custodied, programmable wallets via API without managing private keys or infrastructure, Coinbase said in a statement shared with The Block.

Crypto exchange giant Coinbase has introduced CDP Wallets, a new developer-focused wallet infrastructure designed to eliminate the long-standing tradeoff between custody and complexity. Coinbase argues that developers either had to manage private keys themselves and deal with complex operations or rely on custodians and give up flexibility

Coinbase has introduced a new developer-focused wallet architecture, CDP Wallets, designed to offer full control over crypto operations without the complexity of key management. Announced by the Coinbase Developer Platform team, CDP Wallets eliminate the long-standing tradeoff between security and usability by leveraging Trusted Execution Environments and an API-first approach.

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Week 22 of 2025