TLDR Crypto · INNOVATION & LAUNCHES

DIMO IS MIGRATING TO BASE

dimo.org5 min read

Summary from the TLDR Crypto newsletter

DIMO will migrate its protocol to Base in 2025, aiming to use Base's enterprise credibility, robust DeFi ecosystem, and performance secured by Ethereum to scale its web3 solutions for the global auto industry. This move will look to modernize car payments, tokenize ownership, and integrate smart contracts for seamless innovation. The migration is subject to a later governance vote by DIMO token holders.