- Coinbase and Base plan to prioritize tokenized securities over the next one to two years, Base executive Nick See Tong said.
- The companies aim to have about 500 tokenized stocks onchain by the end of 2026, according to See Tong.
- See Tong also identified AI agents as a closely watched sector and called privacy the industry’s most undervalued area.
Coinbase and Base plan to make tokenized securities a priority over the next one to two years, with a goal of bringing roughly 500 tokenized stocks onchain by the end of 2026. Nick See Tong, Base’s head for the Asia-Pacific region and Singapore, said at CoinFerenceX that the ecosystem wants developers to use those assets for lending, borrowing, structured products and options.
See Tong said Coinbase entered the tokenized securities market relatively late, but chose a model that differs from competitors’ offerings. Its tokenized stocks are backed 1:1 by real securities held in a bankruptcy-remote structure, he said.
“In the coming months, we plan to add about 10 new stocks every day. By the end of the year, we will have around 500 stocks on the blockchain with deep liquidity,” See Tong said.
He added that the Base ecosystem is interested in attracting developers of financial products built around tokenized securities.
AI agents and privacy
Asked about the crypto market’s most discussed areas, See Tong highlighted AI agents. Despite growing interest in the technology, he said mass adoption of autonomous e-commerce remains a long way off.
Users first need to become accustomed to using AI agents for everyday tasks, including purchasing goods and booking services, See Tong said. Widespread use of such systems to execute blockchain transactions could follow only after that, he added.
At the same time, See Tong suggested that the next billion cryptocurrency users could be AI agents.
He also described privacy as the industry’s most undervalued area.
“Privacy matters for any financial institution that transacts and trades on the blockchain,” he noted.
See Tong expects demand for privacy solutions to increase significantly over the next one to two years. Blockchain platform developers are already working on relevant technologies, he added.
NEAR Protocol co-founder Ilya Polosukhin previously told Incrypted that privacy technology is important for bringing institutional participants into the market.
Source: Incrypted
