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Base Founder Points to Two Areas for Crypto’s Next Growth Wave!

Base creator Jesse Pollak believes tokenized stocks represented on the blockchain and stablecoins pegged to non-dollar currencies will lead the next wave of growth in tokenization.

In an interview with The Block at Token2049 Singapore, Pollak put U.S. and global stocks at the top of the list. Second, he pointed to non-dollar stablecoins, which he believes investors aren’t paying enough attention to.

Tokenized stock market grew eightfold in one year

According to data Pollak shared, the total dollar value of tokenized stocks in circulation rose from about $400 million in September 2025 to $3.3 billion in September 2026. This means the market grew more than eightfold in a year.

Tokenized stocks represent shares on the blockchain. Pollak argues that this model can reach investors who previously had limited access, and that the ability to trade and transfer assets 24/7 offers an advantage over traditional stock trading.

Base targets a shift from 50 stocks to 250

Coinbase launched tokenized stock trading on the Base network about six weeks ago. According to Pollak, daily trading volume ranges from $70 million to $100 million.

There are currently 50 stocks listed, and the number is expected to rise to 250 by the end of October. If that target is reached, the number of stocks available for trading will increase fivefold.

An overlooked opportunity in non-dollar stablecoins

Pollak says demand for the dollar will remain strong, but people will continue to spend in their local currencies. In his view, regional fintech companies could move their payment infrastructure to stablecoins without users even realizing it.

Base has 32 stablecoins pegged to 21 currencies, including the euro, Canadian dollar, Nigerian naira, and Indonesian rupiah. More than 99% of the global stablecoin supply is still pegged to the U.S. dollar.

Although Pollak expects non-dollar stablecoins to grow, he believes tokenized stocks will advance faster. Base’s 2027 plans also focus on infrastructure work that will make it easier for businesses to use the network for trading, payments, and financing.

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