Share this article
Coinbase Acquires Iron Fish Team to Boost Privacy on Base
The Iron Fish blockchain will continue to operate independently, and its CEO will continue serving on the Iron Fish Foundation's board.
Updated Mar 7, 2025, 2:49 p.m. Published Mar 7, 2025, 9:02 a.m.
What to know:
- Coinbase acquired the team behind Iron Fish, a privacy-focused blockchain project, to enhance privacy features on its Layer 2 network Base.
- The Iron Fish blockchain and its native token will continue to operate independently under the Iron Fish Foundation.
- Coinbase aims to offer developers tools to build more secure and compliant decentralized applications by integrating privacy features into Base.
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The acquisition brings Iron Fish's key developers, including CEO Elena Nadolinski and Jason Spafford, to Coinbase in a bid to form a new privacy-focused team within Base, working to develop privacy-preserving tools for on-chain transactions.
Coinbase said the move was made to ensure everyone has access to enhanced privacy, which it said “isn’t optional” but is a “core building block.”
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.
Nadolinski will continue serving on the Iron Fish Foundation’s board, ensuring continuity for theproject, the announcement adds.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Polkadot Rises 4% as Crypto Markets Stabilize
The token has support at the $2.19 level and resistance at $2.39.
What to know:
- DOT climbed from $2.13 to $2.21 in the last 24 hours.
- An exceptional volume surge of 15.89M tokens drove a breakout attempt before momentum faded.
- The token consolidated around the $2.19-$2.20 zone with resistance capping gains near $2.39.
Top Stories
