Base Co-founder: Will work with Coinbase to advance a tokenized stocks lineup that supports 1:1

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Deep Tide TechFlow message: On July 21, Base co-founder Jesse Pollak said that Robinhood Chain has made some progress in pushing tokenized stocks within the Ethereum Virtual Machine environment, while Base is relatively behind in this direction. He expressed dissatisfaction about this, but said Base is nearing addressing the issue together with Coinbase.

He noted that what Base plans to roll out in the future is 1:1 asset-backed tokenized stocks, not a derivatives-based model. He believes this approach is expected to have better scalability in terms of trust foundations, capital efficiency, and institutional adoption. Jesse Pollak believes that combining the world’s largest capital markets with enhanced financial programmability on the Base-augmented Ethereum Virtual Machine will form a potentially powerful combination.

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