Base co-founder: Will collaborate with Coinbase to launch 1:1 backed tokenized stocks, enhancing on-chain stock scalability

Odaily News: Base co-founder Jesse Pollak stated that Robinhood Chain's introduction of tokenized stocks in an EVM environment is one of the things they did right, and he regrets that Base has lagged behind in this area.

Jesse Pollak stated that Base will soon partner with Coinbase to address this issue, planning to launch tokenized stock products backed by 1:1 stock assets. He noted that compared to the derivatives model offered by Robinhood, this solution will offer better scalability in terms of trust, capital efficiency, and institutional acceptance.

Jesse Pollak stated that the combination of the world's largest capital market with the financial programmability of EVM on Base will form a powerful financial infrastructure.