Coinbase has revealed a standalone desktop browser extension for its wallet service that will enable users to interact directly with more than 500 digital assets.
A standalone version of the self-custody wallet will enable users to manage and interact with dApps, DEXes, DeFi protocols and NFT marketplaces directly without a need for the mobile app – bringing the product in line with similar market rivals.
Coinbase Wallet targets Metamask market share
But Coinbase’s self-custody service is likely to face stiff competition against the leading non-custodial crypto wallet provider Metamask, which dominates the standalone browser extension space having grown 1,800 per cent in the past year to more than 10 million monthly active users (MUA).
And with Coinbase sat in one of the strongest regulatory and compliance positions, it would seem this latest strategic move could be set on securing long-term market share.
— srirachabauce.eth (@Hodling_hodler) November 5, 2021
Read more: Coinbase Wallet adds functionality with iDEX
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