Bastion is excited to announce the integration of Base, Coinbase's new Ethereum L2 blockchain, into our highly scalable and cost-efficient regulated custodial wallet APIs. This integration marks a significant milestone in our mission to provide the most secure, compliant, and user-friendly wallet infrastructure for the rapidly evolving web3 ecosystem, particularly for companies operating in the United States.

Revolutionizing Regulated Wallets on Base

By integrating Base, Bastion is setting a new standard for regulated wallet solutions on the L2 blockchain. Our APIs offer high scalability on Base, allowing businesses to focus on innovation while we handle the complexities of compliance and security. This approach demonstrates our commitment to providing immediate access to cutting-edge blockchain technology, wrapped in a layer of regulatory assurance that adheres to US laws.

Key Features for Regulated Services on Base

Companies building financial services on Base can now leverage Bastion's platform to:

• Securely custody a wide range of digital assets on Base
• Deploy and interact with Base smart contracts through our robust, compliant API
• Ensure adherence to US regulatory requirements, including AML and KYC processes
• Scale operations efficiently with our cost-effective pricing model, optimized for Base's lower gas fees

Empowering Diverse Financial Services

Our Base integration is specifically designed to support companies in:

1. Payments: Facilitate compliant, fast, and cost-effective P2P payments, retail checkout, merchant payment acceptance, payouts on Base
2. Loyalty Programs: Implement token-based loyalty systems with built-in regulatory safeguards
3. Brokerage Services: Offer regulated trading services for Base-native assets
4. Central Exchanges: Integrate Base support into existing exchange infrastructure securely
5. On-ramps / Off-ramps: Provide compliant fiat-to-crypto and crypto-to-fiat services for Base

The Power of Regulation-First Wallets on Base

At Bastion, we believe that the future of embedded wallets on new networks like Base lies in regulation. By prioritizing compliance from the ground up, we're not just meeting current US standards – we're anticipating future regulatory shifts. This proactive approach provides our clients building on Base with a competitive edge and peace of mind in an increasingly scrutinized industry.

Our regulated wallet APIs for Base are built on a foundation of:

• Robust Compliance: Seamlessly integrating AML/KYC processes tailored for Base transactions
• Enhanced Security: Leveraging cutting-edge hardware and software key management technology optimized for security at scale
• Base-Specific Scalability: Designed to grow with your business on Base, from startup to enterprise
• L2 Cost-Efficiency: Offering competitive pricing that takes advantage of Base's lower transaction costs

Looking Ahead

This Base integration is just the beginning. We're continuously working to expand our offerings on new networks, enhance our features, and stay ahead of regulatory curves. In the coming months, we'll be rolling out support for additional chains as well as additional tools to build great products.

Join us in shaping the future of regulated blockchain infrastructure on Base. Ready to experience the future of compliant wallets on Coinbase's L2? Get in touch with our team to learn more about how we can accelerate your blockchain initiatives on Base while ensuring full regulatory compliance.