Base’s 1:1-backed tokenized equities launch ‘imminent,’ Pollak says

Base, the Coinbase-backed Ethereum layer-2, is preparing to launch 1:1-backed tokenized US equities. Lead developer Pollak stated that the launch is imminent, signaling a strategic pivot away from the network's previous social-first approach. This expansion aims to broaden the platform's financial offerings by integrating tokenized assets. The move represents a significant shift in Base's operational strategy to provide users with direct access to equity-backed tokens within its layer-2 ecosystem in the coming period.