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Base Ecosystem Fund Backs 30+ Teams, Opens Applications

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Base Ecosystem Fund Backs 30+ Teams, Opens Applications - Abstract blockchain breaking news

Base has opened applications for its Ecosystem Fund, revealing that it has already backed more than 30 teams building on the Ethereum Layer-2 network. The announcement came in a post from base on Aug. 6, 2026, linking to a dedicated fund page with an "Apply" button and a portfolio view.

The fund is designed to provide early-stage capital and support for venture-scale growth, according to the linked page. While base did not disclose the names of all 30+ backed teams, the move signals an expanded push to grow the builder ecosystem on Base.

Base is Coinbase's Ethereum Layer-2 network, built on the OP Stack and led by Jesse Pollak. The network focuses on consumer and onchain finance applications, with no native token — transactions are paid in ETH.

The news follows Base's Request for Builders initiative from July 18, 2026, which directed the Ecosystem Fund toward tokenization, stablecoins in emerging markets, and credit. With applications now open, the fund is expected to continue backing teams aligned with those priorities.

Interested builders can apply through the official Base Ecosystem Fund page, while the broader community awaits details on future portfolio announcements.

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