Coinbase has acquired the founders of Sensible to strengthen its onchain consumer roadmap and simplify access to decentralized finance (DeFi) applications. This move aims to make borrowing, staking, and earning rewards more accessible to a broader audience, positioning Coinbase as a comprehensive financial platform.

Coinbase has confirmed that it is exploring the possibility of acquiring a banking charter, which would allow it to offer a broader range of financial services. This move could enhance its competitive edge in the cryptocurrency market and enable better integration with traditional banking systems. The company is evaluating the regulatory requirements and implications of such a significant shift.