Base mulls launching tokenized COIN stock
The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.
Coinbase is considering making tokenized shares of its stock available to United States users of Base, its Ethereum layer-2 network, Base developer Jesse Pollak said in a post on the X platform.
Tokenized COIN shares are already available to non-US users through protocols such as Backed, a tokenized real-world assets (RWA) platform, Pollak said in a Jan. 3 X post.
COIN on Base is “something we are looking into in the new year,” Pollack said, adding that eventually, “every asset in the world will be on Base.”
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Author: Alex O’Donnell
