Base launches Batch 004, investing $1M in 10 teams building on Coinbase’s Layer-2 network

Coinbase’s Layer-2 blockchain Base is writing ten $100,000 checks to early-stage crypto teams through its latest accelerator cohort, Base Batches 004. The program, announced on August 19, pairs the funding with an eight-week bootcamp designed to help startups find product-market fit, grow their user base, and learn how to raise money from investors. Applications are open now and close on September 9, 2026. The cohort will wrap up with a Demo Day in New York City, where the selected teams will pitch to a room full of investors. What Base Batches actually looks like Ten teams get $100,000 each, totaling $1 million in deployment. Base is specifically targeting projects that build on its network across five verticals: trading, payments, agents, financing, and asset issuance. The previous cohort, Batch 003, ran in April 2026 and selected 12 teams from more than 1,100 applicants. Batch 003 culminated with presentations in San Francisco. Batch 004 is slightly smaller at 10 teams, but the per-team investment stays the same at $100,000. The shift from San Francisco to New York City for Demo Day is notable, as New York has increasingly become the center of gravity for institutional crypto ca...