Base network's Total Value Locked (TVL) has now touched $557 million based on L2Beat data, marking a major uptick within the past week. The main reaso
Base network's Total Value Locked soars by 25.23%, surpassing Ethereum Layer 2 zkSync Era. The growth is primarily driven by the minting of native USDC, which saw a 472% increase. Backed Finance recently issued tokenized ETF bIB01 on the Base network. n for the surge is the minting of native stablecoin USDC on the network that saw a 472% increase. Backed Finance recently forayed onto the network Base with tokenized Blackrock exchange-traded fund .
Also Read: Ethereum Layer 2 networks BASE, zkSync Era make history, ETH bites the dust ETH L2 debuted first tokenized ETF Base, an Optimistic Rollup incubated by Coinbase, saw the introduction of its first tokenized security in the past week. Backed Finance, known for tokenizing real-world assets, recently issued bIB01 as tokenized BlackRock's iShares bond ETF on Base.
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