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Base is Coinbase's Ethereum Layer 2 network.
Coinbase announced the launch of wrapped Cardano (cbADA) and Litecoin (cbLTC) on its Ethereum Layer 2 network, Base.
Coinbase is a U.S.-based cryptocurrency exchange.
Wrapped tokens cbADA and cbLTC, launched by Coinbase, are fully backed at a 1:1 ratio by ADA and LTC held in custody by Coinbase, ensuring asset parity and trust.

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