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Woofun AI reports that Coinbase CEO Brian Armstrong clarified his personal X activity does not constitute investment advice or endorsement of specific tokens. He noted that posts reflect personal interest and may lack awareness of token links, warning users against treating them as alpha signals.
Armstrong emphasized that the Base team will not pump or endorse specific tokens, citing compliance barriers for many listings. Support mechanisms include offline events, builder grants, venture investments, and product integrations. Base aims to build financial infrastructure for tokenized stocks, lending, and stablecoin payments.