# Base to Launch Tokenized Equities Soon Coinbase's Ethereum layer-2 network Base shifts focus to financial applications. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-07-21 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/282168b2-3f57-408c-bc3e-62803bbff929 ## Base'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. ## Robinhood Chain's Impact Robinhood Chain successfully implemented tokenized equities in an Ethereum layer-2 environment. Base acknowledges it has lagged behind in this area. ## Upcoming Launch Jesse Pollak announced that Base will soon launch 1:1-backed tokenized equities. Final preparations for the launch are nearly complete. ## Financial 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. ## Wrong Bet Pollak admitted that Base made a wrong bet by prioritizing content and messaging apps. The new focus is on financial technologies. ## The 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. ## Sources covering this story - https://cointelegraph.com/news/bases-tokenized-equities-imminent-pollak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._