NewsLayer.com
NewsLayer PulseLIVEBTC$78,404-1.12%ETH$2,476-0.34%SOL$103.01-1.59%XRP$1.39-0.49%DOGE$0.0893+0.06%ADA$0.2178+0.26%Total Cap$2.65T-0.85%Layer Index44 Neutral

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 de leitura

Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens
Image via The Block

Entities

coinbase

Last Updated

há 2 dias

The shutdown comes after attempts to commercialize, license or find a buyer for its technology failed to produce a sustainable business.

Follow the Story

  1. Sep 6Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens
  2. Sep 7A Coinbase-backed crypto bridge is shutting down after its business model stopped working
  3. Sep 7Better and Coinbase Launch Bitcoin-Backed Mortgages That Rehypothecate Collateral
  4. Sep 7Coinbase exec: Tax bill would complete crypto capital ‘trifecta’

Sourced by

Originally reported by The Block

NewsLayer coverage based on externally reported material.

The Daily Brief

The onchain economy, before your day starts.

Curated markets, onchain insights, and key headlines — delivered every weekday morning.

Weekdays · Free · ~5 minute read

0

Applause

Was this article helpful?

Keep Reading

Notícias Relacionadas