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10/10/2026

Base’s Tokenized Equities Hit $100M Daily Volume as Pollak Predicts Supercycle

What happened: Jesse Pollak, creator of Coinbase’s Base chain, told The Block that tokenized equities and non-dollar stablecoins are driving what he calls a "tokenization supercycle.

Base’s Tokenized Equities Hit $100M Daily Volume as Pollak Predicts Supercycle

What happened: Jesse Pollak, creator of Coinbase’s Base chain, told The Block that tokenized equities and non-dollar stablecoins are driving what he calls a "tokenization supercycle." Coinbase launched tokenized stocks on Base six weeks ago, now trading $70–$100 million daily across 50 stocks, with plans to list 250 by month-end. Circulating supply of tokenized equities has grown eightfold in the past year, from $400 million to $3.3 billion. Base also supports 32 stablecoins in 21 currencies, and is targeting 1 million transactions per second via a Cloudflare partnership in 2027.

Why it matters: The rapid growth in tokenized equities and multi-currency stablecoins signals a shift in on-chain finance, with Base positioning itself as a leader. However, Pollak’s bullish outlook serves Coinbase’s interests directly, and competition from Robinhood Chain and Solana-based venues is intensifying. The focus on non-dollar stablecoins hints at a global strategy, but regulatory and technical hurdles remain.

Source: The Block