Base is nearing the launch of its 1:1-backed tokenized equities, according to Jesse Pollak, creator of the Coinbase-backed Ethereum layer-2 network. Pollak stated in a post on X that the platform is preparing to expand its financial offerings, moving away from its previous social-first strategy.
Pollak noted that Robinhood Chain, a recently launched Ethereum layer 2, has successfully integrated tokenized equities in an EVM environment, positioning Base as lagging in this area. When asked about the timeline for launching the equities, Pollak responded, “Imminent — dotting i’s and crossing t’s, but should be very soon.”
This development coincides with Base’s shift towards financial applications, which include trading, payments, AI agents, and tokenized assets. Pollak acknowledged that the platform previously made a “wrong bet” by prioritizing creator, content, and messaging applications.
