Base Partners With Coinbase to Launch 1:1 Backed Tokenized Stocks on July 21

COIN3.46%
According to Base co-founder Jesse Pollak on July 21, Base will partner with Coinbase to launch tokenized stocks backed 1:1 by equity assets. Unlike Robinhood Chain's derivatives-based approach, the new product will offer improved scalability, institutional credibility, and capital efficiency, Pollak said.
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