Base creator predicts tokenization supercycle led by equities, non-dollar stablecoins

Photo: crazy motions / Pexels Jesse Pollak, creator of Coinbase’s Ethereum layer-2 network Base, has forecasted the emergence of a “tokenization supercycle” driven by tokenized equities and non-dollar stablecoins. Pollak’s statement follows Base’s recent activation of the Cobalt upgrade, which includes issuer controls for tokenized assets. This prediction comes as tokenized equities have surged, reaching a record $4.87 billion in September 2026. However, non-dollar stablecoins remain a minor segment compared to their dollar-pegged counterparts, which dominate the market. The market’s response suggests potential implications for Base’s ecosystem and its anticipated token launch. Key Takeaways Pollak’s comments appear to suggest increased interest in tokenized assets, potentially impacting Base’s market positioning. The rapid growth of tokenized equities is consistent with Pollak’s forecast of a tokenization supercycle. Non-dollar stablecoins, despite limited current adoption, are highlighted as a future focus area, possibly influencing Base’s strategic developments. What to Watch Market participants will likely monitor developments around Base, particularly any announcements related...