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Coinbase Stock Could Hit Base Chain

Coinbase’s Base blockchain could soon list Coinbase stock (COIN), according to Base creator Jesse Pollak. This ambitious goal is part of a larger vision for Base to become a central hub for global transactions.

COIN on Base: The Current State

Pollak, in a recent X post, stated that eventually all assets, including COIN, will be available on Base. He acknowledged that some users can already access COIN through a tokenization protocol called Backed.fi. However, widespread availability hinges on regulatory clarity. Currently, there are no concrete plans from Coinbase to bring real-world assets like COIN onto Base, and the process is still in its early exploratory stages. Pollak emphasized the need for a safe and compliant approach.

Base’s Big Picture

Looking ahead, Pollak reiterated Base’s long-term goal: to become the backbone of a global, on-chain economy. He envisions Base hosting over a trillion dollars in assets, a feat he believes will happen sooner than many anticipate. The project is still in its early days, he added.