In a tweet that's buzzing across the crypto world, Coinbase CEO Brian Armstrong shared exciting news about the company's push into onchain finance. "The everything exchange is getting closer," he wrote, announcing that the founders of Sensible—a popular platform for earning yields on major cryptocurrencies—are joining Coinbase to supercharge their onchain consumer roadmap.
This comes on the heels of an official Coinbase post welcoming the Sensible leadership team. For those new to the space, onchain finance refers to financial services built directly on blockchain networks, like decentralized finance (DeFi) protocols that let you earn interest on your holdings without traditional banks. Sensible, backed by
- From search results, Holdsensible is Sensible, a platform for earning yield on crypto like BTC, ETH, Solana, backed by Coinbase Ventures.
Coinbase Ventures, specializes in high-yield accounts for assets like Bitcoin, Ethereum, and Solana, making it easy for long-term holders to put their crypto to work earning up to 8% APY through battle-tested DeFi strategies.
Why does this matter? Coinbase has long been the go-to exchange for buying and selling crypto, but with this integration, they're evolving into a full-fledged "everything exchange." Imagine seamless onchain wallets, automated yield farming, and consumer-friendly tools all under one roof—designed for everyday users, not just hardcore traders. Sensible's expertise in connecting retail investors to DeFi without the complexity could help Coinbase capture a bigger slice of the growing onchain economy, where billions in assets are already flowing through protocols.
Armstrong's vision aligns with broader trends in blockchain, where companies are racing to make crypto more accessible and productive. As Sensible's team brings their infrastructure know-how to Coinbase, we could see faster innovations in areas like low-fee withdrawals on chains like Base (Coinbase's own layer-2 network) and better integration for holding and earning on blue-chip tokens.
For blockchain practitioners and meme token enthusiasts keeping an eye on the bigger picture, this move underscores how established players like Coinbase are doubling down on onchain tech. It might even open doors for more meme-inspired DeFi experiments down the line. Stay tuned— the future of finance is getting more onchain by the day.