Base, Coinbase near 1:1 tokenized stocks as Robinhood leads
Base founder Jesse Pollak said the Ethereum layer-2 network is working with Coinbase on a tokenized equities product backed 1:1 by underlying shares. SummaryBase and Coinbase now near 1:1-backed tokenized stocks designed to represent actual underlying equity ownership.Jesse Pollak says Robinhood Chain moved faster by placing tokenized equities directly in EVM markets.Coinbases planned model differs from Robinhood derivatives by backing each tokenized stock with real shares. He also acknowledged that Robinhood Chain moved faster in bringing stock-linked assets into an EVM environment. In a July 21 post on X, Pollak said Robinhood Chain had taken the “right” approach by putting tokenized equities on EVM-compatible infrastructure. He added, “we‘ve been behind on this on Base and I’m frustrated thats the case,” before saying Base was “close to fixing it with Coinbase.” Pollak did not provide a launch date, supported stock list or legal structure for the planned Base product. You might also like: Ripple veteran regrets selling XRP at $0.10 and Ethereum near $1 Pollak said the planned model would use equities backed 1:1 by underlying shares, contrasting it with Robinhoods stock-token structure. Coinbase announced in June that its planned tokenized stocks for non-U.S. customers would represent equity ownership and include dividend payments and shareholder rights. The









