Base Stock Trading Hits $100M Daily, Says Coinbase's Pollak

Coinbase's Base network is now processing $70 million (USD) to $100 million (USD) in tokenized stock trades every day. That number matters because it tests whether people will actually trade real shares on crypto rails, not just speculate on tokens.

What actually happened

Base creator Jesse Pollak reported daily volume of $70 million (USD) to $100 million (USD) for tokenized stocks on Base, according to The Block. The figures came six weeks after Coinbase launched the product on its Ethereum layer-2 network. Pollak called equities and non-dollar stablecoins the next leaders of a coming 'tokenization supercycle.' The report, published 9 October 2026, did not break down volume by stock or platform, and gave no exact launch date beyond the six-week marker. Base is Coinbase's layer-2 blockchain, built to host real-world assets such as stocks and stablecoins.

How we got here

Tokenized stocks let people hold digital copies of company shares on a blockchain, instead of through a traditional broker. Base has spent months positioning itself as a home for real-world assets, from stablecoins to equities. Pollak's remarks frame this launch as the opening act of a larger shift he expects across non-dollar stablecoins and tokenized equities. The report does not say what tokenized stock activity, if any, existed on Base before this product, or how volume has trended since the six-week mark.

Why this matters for you

For everyday wallet users, this hints at a future where buying a stock looks like swapping a token, right inside a crypto wallet. If volume keeps climbing, more wallets and lifestyle apps, bonuz included, may add tokenized stock access as a routine feature. Builders get a signal that demand already exists for equity and stablecoin infrastructure outside the US dollar. None of this works, though, without regulators deciding how tokenized shares fit existing securities rules.

The bigger question

If tens of millions of dollars move through tokenized stocks on Base every day, how much everyday stock trading eventually leaves traditional brokers for blockchain networks instead? Pollak thinks non-dollar stablecoins join equities at the front of that shift. Whether regulators and exchanges adapt in time, or get bypassed entirely, remains open.

What to watch

The report lists no fixed future dates. Watch for fresh volume numbers from Coinbase or Base, and for which non-dollar stablecoins or stocks Pollak names next. Any further comment from Pollak or Coinbase on the 'tokenization supercycle' would sharpen the timeline. bonuz will track whether wallet apps start adding tokenized stock access.