Base creator Jesse Pollak predicts a tokenization supercycle led by tokenized equities

Jesse Pollak has a forecast for the next big crypto wave, and it doesn’t start with a new memecoin. Speaking at Token2049 in Singapore on October 7, 2026, the creator and head of Coinbase’s Base network said the coming tokenization supercycle will center on two things: tokenized equities and non-dollar stablecoins. His reasoning is simple. Countries are going to keep using their own currencies, so the on-chain economy will need money that matches. What Pollak actually said Pollak framed the supercycle around two parallel tracks. On one side sit local-currency stablecoins, which he sees handling everyday payments and transactions in people’s home currencies. On the other side sit tokenized US equities. These are digital tokens that track real shares of public companies and can trade on a blockchain. This isn’t just a keynote thought experiment. Base already offers tokenized US stocks to its users, which gives Pollak’s prediction some skin in the game. The product behind the prediction In August 2026, Coinbase introduced 1:1-backed tokenized equities on Base. The initial lineup included tickers for Nvidia, Meta, Apple, and Google. The “1:1-backed” label matters. It means each token i...