Coinbase Launches KYC-Verified Pools for DeFi Swaps and Trades in Select Regions
The post Coinbase Launches KYC-Verified Pools for DeFi Swaps and Trades in Select Regions appeared on BitcoinEthereumNews.com.
Coinbase announced the launch of Verified Pools, a set of liquidity pools available to customers verified by the firm. The feature is available to US, Singapore, Netherlands, British Virgin Islands, Cayman Islands, and Channel Islands users. Coinbase’s Verified Pools are available to institutional and retail traders and offer KYC-verified liquidity pools to maintain the company’s position regarding the openness and efficiency of on-chain markets. Safer Way for Retail and Institutional Clients to Engage with DeFi Cryptocurrency exchange Coinbase launched KYC-Verified Pools, which it claims reduces counterparty risk for decentralized finance (DeFi) retail and institutional participants. In a blog post announcing the launch of Verified Pools, the exchange markets the service as a “trusted and seamless way to access liquidity pools” for “both retail and institutional participants in eligible locations.” The exchange highlights the launch of Verified Pools as the next step in the exchange’s “advancing on-chain adoption.” Seamless Onchain Trading and Swapping Through Verified Pools, Coinbase introduces “a trusted way to seamlessly trade and swap onchain.” The service is available to institutions seeking liquidity and retail traders looking for an easy way to trade on-chain. According to Coinbase, Verified Pools set a new standard in which compliance efficiency, trust and transparency meet. Powered by Base, Utilizing the Uniswap v4 Protocol According to Coinbase, Verified Pools is a “breakthrough” in on-chain liquidity by leveraging the company’s KYC-integrated verification system, Coinbase Verification. Through the seamless integration of identity verification and smart contract transparency, Verified Pools reduces counterparty risks while maintaining the openness and efficiency of on-chain markets. Verified Pools is powered by Coinbase’s scalable Layer-2 network, Base, and is built on the Uniswap v4 protocol. Coinbase also partnered with Gauntlet, a leading risk modelling and economic optimization provider, which will optimize liquidity pool configurations and maintain overall liquidity pool health to ensure…
Filed under: News - @ April 11, 2025 6:27 am