Base Co-Founder: Will Partner with Coinbase to Launch 1:1 Backed Tokenized Stocks, Enhancing On-Chain Stock Scalability

Odaily Planet Daily News: Base Co-Founder Jesse Pollak stated that Robinhood Chain's introduction of tokenized stocks in the EVM environment is one of the things it did right, expressing regret that Base had fallen behind in this area previously.

Jesse Pollak indicated that Base will soon collaborate with Coinbase to address this issue, planning to launch a tokenized stock product backed by 1:1 stock assets. He stated that compared to the derivative model offered by Robinhood, this solution will have better expandability in terms of trust, capital efficiency, and institutional acceptance.

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