Coinbase is going native with INJ. The exchange will support native INJ deposits and withdrawals using Injective’s MultiVM infrastructure, marking a significant step in the Layer 1 blockchain’s push to untether itself from Ethereum’s ERC-20 token standard.
The migration is scheduled to take place between July 20 and July 22, 2026. During that window, Coinbase will pause all INJ deposits and withdrawals while it converts users’ ERC-20 INJ tokens to the native INJ format at a 1:1 ratio, at no cost. Once complete, Coinbase will exclusively support the native version of INJ.
What MultiVM actually means for users
Injective’s MultiVM Token Standard, or MTS, allows unified token balances across different execution environments, including EVM and WASM, without requiring users to bridge tokens between them.
Injective detailed its MultiVM Token Standard on November 10, 2025. The standard is part of a broader architectural vision that supports multiple virtual machines, including EVM, WASM, and an announced SVM environment. For developers, this means they can build applications in their preferred execution environment without fragmenting liquidity or user experience across different chain formats.
