Jesse Pollak, the leader of the Base network, announced that in collaboration with Coinbase, they are working on 1:1 asset-backed tokenized products—a
- Base network and Coinbase are collaborating to launch 1:1 asset-backed tokenized stocks, directly challenging Robinhood's derivative-based model.
- This initiative aims to increase transparency and build institutional trust by ensuring tokenized assets are fully backed by their real-world stock counterparts.
- The partnership signifies a move towards a new standard in the tokenized stock market, blurring the lines between traditional finance and the crypto ecosystem.
Topics: Asset types, Infrastructure providers, Institutional adoption, Financial instruments, Tokenization platforms, Asset manager initiatives
Tags: #tokenizedstocks #basenetwork #coinbase #robinhood #11assetbacked #evm #institutionaltrust #derivativemodel #realworldassetsrwa
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