Base founder Jesse Pollak announced plans to launch 1:1 asset-backed tokenized stocks in collaboration with Coinbase. Pollak acknowledged that Base has lagged behind Robinhood Chain's approach of offering tokenized stocks in an EVM environment but is working to address this gap. The new offering will focus on trust, capital efficiency, and institutional acceptance, distinguishing itself from Robinhood's derivatives model. Pollak emphasized the potential of combining the world's largest capital market with Base's enhanced EVM programmability.
Base to Launch Asset-Backed Tokenized Stocks with Coinbase
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