Base's Big Move: Jesse Pollak Signals 'Imminent' Launch of 1:1 Tokenized Equities
The Base ecosystem is gearing up for a massive financial evolution. Jesse Pollak, the mastermind behind Coinbase’s Ethereum Layer-2, has confirmed that the launch of 1:1-backed tokenized equities is imminent, marking a decisive pivot from a social-first strategy toward a high-utility financial powerhouse.
This strategic shift aims to close the gap with competitors like the Robinhood Chain, which has already successfully integrated tokenized equities within an EVM environment. By bringing real-world assets onto the Base network, Coinbase is positioning its Layer-2 solution to become a central hub for the convergence of traditional finance and decentralized ecosystems.
In a recent X post, Pollak noted that the Robinhood Chain had successfully brought tokenized equities into an EVM environment, admitting that Base was currently behind on that front. When asked about the specific timeline by fintech expert Garrett Skrovina, Pollak replied: 'Imminent — dotting i’s and crossing t’s, but should be very soon.'
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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