✔️Base prepares 1:1 collateral tokenization stocks with Coinbase
✔️Base prepares 1:1 collateral tokenization stocks with Coinbase Base's Jesse Pollak said the launch of tokenized shares on the Robinhood chain is a step in the right direction, and that Base is also developing a related product with Coinbase. However, unlike Robinhood's derivatives method, we plan to provide tokenized stocks backed by actual underlying stocks on a 1:1 basis. Anyway, thanks to Robinhood’s unique structure, the base seems to be moving as well👀 Robinhood Chain Anvil, up to 2 ETH on Freemint
The excerpt is quoted from a public Telegram channel, which owns its text.