Base to launch 1:1-backed tokenized US equities soon, says lead developer
Crypto Briefing 2026-07-21 07:20:44
Context: Base, a cryptocurrency platform, is planning to launch tokenized US equities that are backed 1:1, meaning the tokens will be directly supported by the underlying assets. The launch is expected to happen soon, with a specific deadline set for December 31, 2026. This move is being led by the platform's lead developer.
Key Facts
- Base's tokenized US equities will be backed 1:1, indicating that each token will represent a corresponding traditional equity, and the tokens will be directly supported by the underlying assets.
- The lead developer of Base has announced that the token launch is planned to occur by December 31, 2026, at which point the tokens will presumably be available for trading or other uses.
- The token launch is tied to a 12.5% YES, although the specific details and implications of this metric are not provided in the article.