Base is considering launching tokenized COIN stocks, but is currently in the exploratory stage

PANews reported on January 4 that according to Cointelegraph, Base developer Jesse Pollak tweeted that Coinbase is considering providing tokenized COIN stocks to U.S. users of its Base network. Pollak said that non-U.S. users can already obtain tokenized COIN stocks through protocols such as Backed, a tokenized RWA platform. Pollak said implementing COIN on Base is "something to look into in the new year," adding that eventually "every asset in the world will be implemented on Base." Coinbase has "no concrete plans at this time" and is currently in an "exploratory phase" as the exchange works to understand how to comply with U.S. regulations. “We need regulatory clarity and improvements to the on-chain platform as an open platform to unlock this functionality for everyone.”