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 equities, according to a statement by Pollak. The move marks a pivot away from Base's earlier social-first strategy as it expands its financial offerings. The launch is described as imminent, signaling a shift toward tokenized traditional assets on the blockchain.