PANews reported on November 28 that Coinbase Assets posted on the X platform that although it does not currently support the technical migration of CELO L2 , it plans to re-evaluate its support after the migration is completed.

Coinbase also said: “Any accusation that Coinbase does not support Ethereum scalability is incorrect. Coinbase is focused on being a bridge to the crypto economy, and we support L1 and L2.”