Coinbase Acquires Iron Fish Team to Boost Privacy on Base
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Base hired Iron Fish developers to enhance it’s privacy features
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Privacy can be a challenge for blockchain networks, which often expose transaction details by default, as it can be abused for illicit activities. By integrating privacy features directly into Base, Coinbase emphasized it aims to offer developers tools to build more secure and compliant decentralized applications.
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Coinbase has acquired the team behind Iron Fish, a privacy-focused blockchain project, to strengthen privacy features on its layer 2 network Base, the company announced. The deal does not include the Iron Fish blockchain or its native token, which will continue to operate independently “and unaffiliated with Coinbase or Base,” under the Iron Fish Foundation.
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