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Home›Crypto›Ethereum›Base nears launch of 1:1-backed tokenized equities

Base nears launch of 1:1-backed tokenized equities

The Coinbase-backed Base network is shifting from social apps toward trading, payments, AI agents, and tokenized assets.

Reported · Written up by our desk · Ethereum

Cointelegraph reports that Base, a Coinbase-backed Ethereum layer-2, is nearing a launch of 1:1-backed tokenized equities, according to Jesse Pollak.

Pollak said in an X post that Robinhood Chain has already been tokenized for equities in an EVM environment, and that Base was behind on that capability.

The launch is framed as part of Base’s pivot away from its earlier social-first strategy, after Pollak previously described the network’s focus on creator, content, and messaging apps as a “wrong bet.”

Cointelegraph adds that Base is now prioritizing financial applications including trading, payments, AI agents, and tokenized assets.

Latest closeEthereum $1,933.46 ▲1.6%

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Sources

CointelegraphBase’s 1:1-backed tokenized equities launch ‘imminent,’ Pollak says

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