BUSINESSCOINTELEGRAPH
Base’s 1:1-backed tokenized equities launch ‘imminent,’ Pollak says
Base, a Coinbase-backed Ethereum layer-2, is preparing to launch 1:1-backed tokenized equities, signaling a shift from its initial social-focused strategy to expanding financial offerings. The launch is described as 'imminent' by Pollak.
Mentioned
Related Signal
Adjacent reporting
- Robinhood says AI-powered crypto trading coming after launching agentic stock trading beta
- Crypto IPOs could create massive $1 trillion market amid tokenization wave, Jefferies says
- Robinhood CEO says a "tokenization supercycle" is underway
- Wall Street giant DTCC plans tokenized securities platform with July pilot, October launch
- JPMorgan files to launch new tokenized fund as Wall Street tokenization race heats up
- DTC to begin tokenized asset rollout in July ahead of full launch as it gets feedback from BlackRock, Circle and others