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Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens

The Block·September 6, 2026·1 min read
Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens

Coinbase-backed Router Protocol is shutting down and will burn 303 million ROUTE tokens. The shutdown follows failed attempts to commercialize, license, or find a buyer for its technology, which did not produce a sustainable business. Token burn aims to compensate holders.

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