Base to Launch 1:1 Stock-Backed Tokenization Product
Base co-founder Jesse Pollak stated that introducing tokenized stocks in the EVM environment by Robinhood Chain is the right move, and Base regrets lagging in this area previously.
Base plans to collaborate with Coinbase to launch a tokenized stock product backed by 1:1 stock assets, which is more scalable in terms of trust, capital efficiency, and institutional acceptance compared to Robinhood's derivatives model.
Traditional brokers and institutional investors will benefit from compliant RWA products, expanding the share of Base and Coinbase ecosystems; capital is accelerating towards tokenized real asset infrastructure, with DeFi shifting from pure crypto to traditional assets on-chain, enhancing Layer 2's competitiveness in institutional applications.
Source: Public Information
ABAB AI Insight
Jesse Pollak previously led Base's growth from an internal Coinbase project to a major L2, having driven product iterations through public feedback, emphasizing developer-friendliness and low-fee strategies early on.
In terms of capital strategy, Base is leveraging Coinbase's resources to accelerate its RWA layout, with strategic motives to catch up with competitors, seize the tokenized stock and institutional funding entry, and expand on-chain TVL and trading volume.
Similar to Robinhood's early crypto expansion and traditional finance on-chain attempts, as well as L1s like Solana's positioning in the RWA space, Base is currently transitioning from retail DeFi to an institutional-grade real asset platform.
Essentially, this is a restructuring of the industry chain: tokenized stocks bridge TradFi and DeFi, with the mechanism of 1:1 backing enhancing trust and reducing capital fragmentation, promoting capital from derivative speculation to efficient circulation of underlying assets, reshaping global equity and securities trading infrastructure.
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- A day behind in RWA means a year behind in ecosystem.
- Real assets on-chain, trust determines scale.
- Competing to catch up, from replication to surpassing endorsement.