Toshi is now Coinbase Wallet, lets you manage Ethereum and ERC20 tokens

Last week, Binance announced acquisition of Trust wallet and since Coinbase does not want to be left behind, it has announced today that it has acquired Toshi and the Toshi wallet now becomes Coinbase Wallet. This is define future of the decentralized web and make that future accessible to anyone.

Just like Trust wallet, the Coinbase wallet will allow users to access DAPPS that are built on the blockchain, AKA, decentralized internet.

So what does the Coinbase Wallet let you do?

For starters, it lets you manage Ethereum and ERC20 tokens – just like Trust wallet. And since, you have full access to your Ethereum wallet, you will be able to receive and spend airdrops. Soon, you will be able to manage other cryptocurrencies as well.

This also means you will be able to buy and store crypto collectibles — non-fungible tokens that are unique — and use them in games, or trade them on marketplaces.

Coinbase wallet will open doors to world of new and existing DAPPS for ethereum, many of which are also being made by the Coinbase affiliates.

To download Coinbase wallet, just point your web browser to wallet.coinbase.com. Also, if you already own Toshi Wallet app (iOS, Android), you will now be upgraded to Coinbase Wallet.