Coinbase launches' Verified Pools' in specific regions to provide more transparent on chain liquidity

According to The Block, cryptocurrency exchange Coinbase announced on Tuesday the launch of "Verified Pools," a set of liquidity pools open only to users who have verified through it. According to the company's announcement, qualified individuals and institutions in the United States, Singapore, the Netherlands, the British Virgin Islands, the Cayman Islands, and the Channel Islands can use Coinbase's Verified Pools for safer and more transparent digital asset trading without intermediaries. Users can connect to these liquidity pools through institutional level Prime Onchain Wallet, Coinbase Wallet, or other wallets with Coinbase verification credentials. Verified Pools are built on the Layer 2 network base incubated by Coinbase, supported by the developer platform Uniswap v4, and optimized by the risk management company Gauntlet.