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Base to Launch Tokenized Equities Soon

Coinbase's Ethereum layer-2 network Base shifts focus to financial applications.

Cointelegraph.com News1 min

1Base's New Focus

Coinbase's Ethereum layer-2 network Base is preparing to launch tokenized equities, shifting its focus to financial applications. Jesse Pollak indicated that this transition is imminent.

2Robinhood Chain's Impact

Robinhood Chain successfully implemented tokenized equities in an Ethereum layer-2 environment. Base acknowledges it has lagged behind in this area.

3Upcoming Launch

Jesse Pollak announced that Base will soon launch 1:1-backed tokenized equities. Final preparations for the launch are nearly complete.

4Financial Focus

Base is pivoting from its previous social product strategy to focus on financial applications. This shift includes areas like tokenized assets and AI agents.

5Wrong Bet

Pollak admitted that Base made a wrong bet by prioritizing content and messaging apps. The new focus is on financial technologies.

6The Future of Fintech

Base's launch of tokenized equities could be a significant step in the fintech sector. This development may shape the future of financial applications.

Original article: Cointelegraph.com News — Base Yakında Tokenize Hisse Senetlerini Piyasaya Sürecek