Key highlights:
- Jesse Pollak has admitted that Coinbase’s Base is playing catch-up to Robinhood Chain in EVM-based tokenized equities
- Pollak confirmed that Coinbase will roll out 1:1-backed tokenized equities to rival Robinhood Chain
- Critics have slammed Coinbase for falling behind in innovation despite its leading position in the ecosystem
Base creator Jesse Pollak acknowledged that Robinhood Chain has beaten Coinbase’s Base to bring tokenized equities to an Ethereum Virtual Machine (EVM) environment. Pollak’s comments come after stepping back from Base app leadership and admitting that his crypto social strategy failed to get traction.
Base behind Robinhood Chain on tokenized equities
In a post on X, Pollak said Robinhood Chain “has done right” by introducing tokenized equities in an EVM environment, adding that Base is “behind” on the feature. However, he affirmed that Coinbase is inching toward closing the gap, revealing plans to bring tokenized equities to Base.
one thing robinhood chain has done right is have tokenized equities in an EVM environment.
we’ve been behind on this on
Source:: Robinhood Chain Beats Coinbase's Base to EVM-Based Tokenized Equities, Jesse Pollak Admits