Coinbase has launched tokenised shares of Apple, Nvidia, Meta and Alphabet on its Base blockchain for eligible investors outside the US. The shares are backed 1:1 by real stocks and can be held in self-custody wallets and traded onchain around the clock.

BASE, Ecosystems Aren't Designed: Base Pays the Price in Three Years. Golden Finance, Base Reflects: Ecosystems Aren't Designed; A Fair Environment is Fundamental.

Base invested heavily in the wrong areas for research and development, especially in social networking and creator tokens, thus losing its first-mover advantage. However, this does not mean that Base has failed completely. Facing past strategic mistakes is the first step in adjusting its course and incubating more high-quality businesses.

Base has begun to proactively adjust its strategic focus, refocusing on the financial sector and attempting to restart its growth engine through on-chain finance.

Base's future positioning has shifted from bringing a billion users into the crypto world through social interaction to attracting users into the on-chain financial system through transactions, payments, and AI agents.