The future of blockchain technology continues to expand with new possibilities, and one of the most intriguing developments comes from Base, the Ethereum layer-2 blockchain launched by leading U.S. cryptocurrency exchange, Coinbase. Jesse Pollak, a prominent developer behind Base, recently teased a groundbreaking move—bringing Coinbase’s stock (COIN) on-chain.
In a thread on X (formerly Twitter), Pollak suggested that Base aims to become a platform where every asset, including COIN stock, could eventually be tokenized and traded. While some traders can already access COIN through tokenization protocols like Backed.fi, Pollak noted that regulatory clarity is a key factor that would “unlock” its availability for everyone.
every asset in the world will be on @base https://t.co/MwoJO1O2pO
— jesse.base.eth (@jessepollak) January 3, 2025
However, Pollak was quick to clarify that there are currently no concrete plans to bring real-world assets to Base at this stage. The team is still in an exploratory phase, analyzing the regulatory landscape to determine how to bring assets like COIN to the blockchain in a compliant and secure manner. “Still day one,” Pollak remarked, emphasizing that the project is in its early stages.
and to clarify even further: there are no concrete plans right now. we are in an exploratory phase and working to understand what needs to be unlocked from a regulatory perspective to bring assets like $COIN to @base in a safe, compliant, future looking way.
— jesse.base.eth (@jessepollak) January 3, 2025
still day one.
The idea of tokenizing real-world assets like stocks is a significant step forward for the blockchain industry, and Base is positioning itself as a key player in this transformation. By leveraging Ethereum’s layer-2 capabilities, Base is designed to offer scalability, lower fees, and faster transactions—all essential for accommodating a global-scale asset market.
Looking ahead, Pollak envisions Base as the backbone of global transactions, hinting at a long-term vision of integrating diverse asset types on the blockchain. As regulations around tokenization and digital assets evolve, Base could potentially become a cornerstone in bridging traditional financial markets with the decentralized future of finance.
Also Read: Moonpay Eyes $150M Acquisition of Helio to Rival Coinbase Commerce
As Coinbase and Base continue to explore the technical and regulatory challenges, the integration of real-world assets like COIN may pave the way for an entirely new era of on-chain trading. The industry’s focus on regulatory clarity will be a critical factor in determining when this vision becomes a reality.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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