Base, an Ethereum Layer 2 solution, is developed by Coinbase, a leading global crypto company. The exchange, available in over 100 countries, offers a variety of products to its large customer base (around 7.3 million) and manages about $130 billion in assets. Base uses Optimism’s development stack, similar to a popular Ethereum scalability solution. It employs optimistic roll-up technology for fast, cost-effective transaction processing and is compatible with the Ethereum Virtual Machine (EVM).