Coinbase is launching a new type of self-custodial wallet called "Smart Wallets", which aims to simplify the onchain experience for users. The key features of Smart Wallets include:

•Streamlined, gasless onchain experience

•Multi-chain support

•Integration with major applications

•Easy onboarding process, similar to signing into a website

Coinbase is also planning to introduce migration tools and support for Smart Wallets inside the existing Coinbase Wallet app in the coming months.

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