After being criticized, Base plans to catch up with Robinhood by launching 1:1 tokenized stocks with Coinbase? Jesse Pollak, founder of @base, responded on X to Robinhood Chain’s launch of tokenized stock products, acknowledging that Robinhood is on the right path by exploring stock tokenization within the EVM environment, and admitting that Base had previously lagged behind in this area. Robinhood has officially launched Robinhood Chain, enabling on-chain tokenized stock services that allow anyone to access traditional stock assets via blockchain infrastructure. Unlike traditional securities markets, which are constrained by fixed trading hours and geographic limitations, on-chain stocks theoretically enable 24/7 trading, greater global liquidity, and potential integration with DeFi applications. Jesse aims for Base to introduce 1:1 asset-backed stock tokens—each on-chain token fully backed by a corresponding real-world stock asset. He believes this model offers superior advantages over derivatives in terms of transparency, trust, capital efficiency, and institutional adoption, ultimately creating powerful synergies between the world’s largest capital market and Base’s enhanced EVM programmability. For Coinbase, this also represents a key opportunity to further expand its on-chain financial infrastructure. As one of the largest cryptocurrency exchanges in the U.S., Coinbase has been actively promoting the Base ecosystem, seeking to leverage its Layer 2 network to support a broader range of financial applications. From stablecoin payments and on-chain trading to real-world asset tokenization, Base is increasingly envisioned not merely as a scaling solution, but as critical infrastructure connecting traditional finance with the blockchain world.
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