Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens
The shutdown comes after attempts to commercialize, license or find a buyer for its technology failed to produce a sustainable business.
Zack Abrams
Publisher The Block
Sep 6, 2026 at 6:03 PM UTC · 1 min read
Entities
coinbase
Last Updated
a few seconds ago
The shutdown comes after attempts to commercialize, license or find a buyer for its technology failed to produce a sustainable business.
Follow the Story
- Sep 5Whale Alert Confirms 2,024 BTC Transferred to Coinbase
- Sep 6Coinbase Says Crypto's Next Wave of Growth Will Come From AI Agents. Here's What Crypto Investors Need to Know.
- Sep 6Better and Coinbase’s bitcoin-backed mortgages can reuse borrowers’ collateral
- Sep 6Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens
- Sep 5Whale Alert Confirms 2,024 BTC Transferred to Coinbase
- Sep 6Coinbase Says Crypto's Next Wave of Growth Will Come From AI Agents. Here's What Crypto Investors Need to Know.
- Sep 6Better and Coinbase’s bitcoin-backed mortgages can reuse borrowers’ collateral
- Sep 6Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens
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Originally reported by The Block
NewsLayer coverage based on externally reported material.
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