Base’s 1:1-backed tokenized equities launch ‘imminent,’ Pollak says

According to Cointelegraph, Base, the Ethereum layer-2 network backed by Coinbase, is set to launch 1:1-backed tokenized equities soon, as confirmed by Jesse Pollak. This shift marks a transition from its previous social-oriented strategy towards a focus on financial services, including trading and payments. Pollak's statement indicates that final preparations are underway for the launch. Read the full story at Cointelegraph . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.