Coinbase Plans to Tokenize COIN Shares on Base Network

Source of this Article
Coin-Turk 10 months ago 274

Jesse Pollak, the main developer of the Ethereum $3,638-based layer-2 network Base, supported by Coinbase Exchange, has announced plans to tokenize the company’s COIN shares on the protocol. In a post on the X platform, Pollak stated, “Every asset in the world will be on Base.” This statement reflects the ambition behind the integration of traditional assets into the digital economy.

Tokenization of COIN on Base

Pollak indicated that the integration of COIN into the Base network is currently under examination. He confirmed that there are no concrete plans for this tokenization yet, following discussions with community members. The development team is working to understand what regulatory permissions are needed for this initiative.

Considering the sensitive structure of regulations in the U.S., Pollak emphasized the goal of launching COIN on the protocol in a secure, compliant, and forward-looking manner. Currently, users can access COIN through other protocols like BackedFi, although t...



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet