The Coinbase-backed Ethereum layer-2 is preparing to expand its financial offerings as it pivots away from its earlier social-first strategy. Base is close to launching 1:1-backed tokenized equities, according to Jesse Pollak, creator of Coinbase’s Ethereum layer-2 network. Pollak said in a Tuesday X post that Robinhood Chain, the recently launched Ethereum layer 2, had gotten tokenized equities in an EVM environment right, adding that Base was behind on that front.