Base, the blockchain created by the top US-based crypto exchange Coinbase, may soon see the inclusion of the company’s stock (COIN) on-chain. Jesse Pollak, a developer at Base, recently shared insights on this potential development on the social media platform X.
Pollak mentioned that in the future, every asset in the world, including COIN, could be accessible on Base. He highlighted that while some traders already have access to COIN on Base through the asset tokenization protocol Backed.fi, regulatory clarity is needed to make it available to everyone.
Despite the interest in bringing real-world assets like COIN to the blockchain, Pollak clarified that Coinbase has not yet finalized any concrete plans for the integration. Base, which was launched in August 2023 as an Ethereum layer-2 scaling solution, is still in the exploratory phase of understanding the regulatory requirements for such a move.
Looking ahead, Pollak emphasized Base’s vision of becoming the backbone of global transactions and building a global economy on-chain. He expressed confidence in bringing over $1 trillion+ assets to Base, emphasizing that this transition will happen faster than anticipated.
As Base continues to evolve and explore new possibilities, it remains committed to revolutionizing the way assets are transacted globally. Stay tuned for more updates on Base’s journey towards becoming a key player in the blockchain ecosystem.
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