This market resolves to YES if Coinbase officially tokenizes its COIN stock on the Base blockchain by September 7, 2025, and NO otherwise.

The article mentions that Coinbase is "teasing a tokenization of COIN stock" and links to a tweet about this possibility. This would represent a significant step for both Coinbase and Base.

Resolution will be based on official announcements from Coinbase.

References:

• https://research.nansen.ai/articles/base-the-next-step-for-consumer-apps

• https://x.com/solidintel_x/status/1897359113732120852

  Background

  Coinbase, one of the largest cryptocurrency exchanges, has been exploring the tokenization of traditional securities, including its own COIN stock. Base is Coinbase's Layer 2 blockchain built on Ethereum, launched in 2023 to provide a secure, low-cost environment for decentralized applications. The tokenization of COIN stock would represent a significant milestone in bridging traditional finance with blockchain technology.

  Recent reports indicate that Coinbase has renewed interest in tokenizing securities in the U.S., following the SEC's formation of a new crypto task force aimed at providing greater regulatory clarity for digital assets. While Coinbase has teased this possibility, no official timeline has been confirmed.

  Resolution Criteria

  This market resolves to:

  • YES: If Coinbase officially announces and implements the tokenization of its COIN stock on the Base blockchain by September 7, 2025.

  • NO: If by September 7, 2025, Coinbase has not officially tokenized its COIN stock on Base.

  For resolution purposes, "tokenization" means creating a blockchain-based digital representation of COIN shares that can be traded on the Base network. This must be an official Coinbase initiative, not a third-party tokenization.

  Considerations

  • Regulatory hurdles could significantly impact the timeline for this initiative, as tokenizing securities requires compliance with existing securities laws.

  • Partial implementations (such as limited pilot programs or tests) will not qualify for a YES resolution unless they represent the official, public tokenization of COIN stock.

  • If Coinbase tokenizes COIN stock on a different blockchain but not on Base specifically, this market will resolve to NO.