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Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents Ethereum 2 (ETH2), which is ETH staked through Coinbase. It is minted exclusively by Coinbase and can be sold or sent off-platform, while ETH2 will remain locked-up until a future protocol upgrade.

Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents Ethereum 2 (ETH2), which is ETH staked through Coinbase. It is minted exclusively by Coinbase and can be sold or sent off-platform, while ETH2 will remain locked-up until a future protocol upgrade.