RWATimes on Nostr: 📰 ‘1:1 backed equities scale much better,’ Base claims amid Robinhood rivalry ...
📰 ‘1:1 backed equities scale much better,’ Base claims amid Robinhood rivalry
🗓️ Jul 21 2026 17:00 UTC - Benjamin Njiri
Base founder Jesse Pollak has hailed Robinhood Chain's early bet on tokenization, but downplayed its threat
➤ Base founder Jesse Pollak acknowledges Robinhood Chain's early success with tokenized equities on an EVM environment, expressing frustration over Base's delay in this area.
➤ Pollak downplays Robinhood Chain's threat, asserting that Base's planned 1:1 backed equities will scale better due to trust, capital efficiency, and institutional acceptance, contrasting them with Robinhood's derivatives-based approach.
➤ Despite being a new L2, Robinhood Chain is rapidly rivaling Base in user activity, DEX volume, and revenue, leveraging its existing user base and equities brokerage background.
#tokenizedequities #base #robinhoodchain #jessepollak #coinbase #evm #l2 #11backedequities #derivatives #institutionalacceptance
🔗 Read more at:
https://rwatimes.io/articles/ambcrypto-1-1-backed-equities-scale-much-better-base-claims-amid-robinhood-rivalry-2167139402Published at
2026-07-22 07:32:39 CESTEvent JSON
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"content": "📰 ‘1:1 backed equities scale much better,’ Base claims amid Robinhood rivalry\n🗓️ Jul 21 2026 17:00 UTC - Benjamin Njiri\n\nBase founder Jesse Pollak has hailed Robinhood Chain's early bet on tokenization, but downplayed its threat\n\n➤ Base founder Jesse Pollak acknowledges Robinhood Chain's early success with tokenized equities on an EVM environment, expressing frustration over Base's delay in this area.\n➤ Pollak downplays Robinhood Chain's threat, asserting that Base's planned 1:1 backed equities will scale better due to trust, capital efficiency, and institutional acceptance, contrasting them with Robinhood's derivatives-based approach.\n➤ Despite being a new L2, Robinhood Chain is rapidly rivaling Base in user activity, DEX volume, and revenue, leveraging its existing user base and equities brokerage background.\n\n#tokenizedequities #base #robinhoodchain #jessepollak #coinbase #evm #l2 #11backedequities #derivatives #institutionalacceptance\n\n🔗 Read more at: https://rwatimes.io/articles/ambcrypto-1-1-backed-equities-scale-much-better-base-claims-amid-robinhood-rivalry-2167139402",
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