CEX CEO: We are still in the early exploration stage of the Base network Token and do not have a clear timeline to announce at this moment.

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On October 31, CEX CEO Brian Armstrong stated during the Q&A session of the third quarter earnings call, “We are still in the early stages of exploring the Base network Token. But the overall goal is to help 1 billion people go on-chain and truly develop the developer ecosystem around Base to build our ecosystem. Therefore, we will not disclose specific details about the governance or distribution model today, nor will we provide a clear timeline. But we will build openly and continue to communicate with customers, investors, and regulators to ensure we get things right.”

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