Base Aims to Become Free Market of the Internet with On-Chain Stock Trading Expansion
Base, a leading player in on-chain spot trading, is setting its sights on a major expansion into the on-chain stock trading market. According to Jesse, Base's leader, the platform aims to become the 'free market of the Internet'. This goal aligns with the growing trend of decentralized finance (DeFi) and the increasing demand for on-chain trading.
In the past year, Base has seen its market share in on-chain spot trading volume grow by approximately three times. Notably, there has been no relative loss of market share over the past two weeks. Currently, Base is leading both Bitcoin trading volume and forex trading volume, underscoring its growing influence.
Base's expansion into on-chain stock trading represents a significant milestone for the platform. With this move, Base will be able to support a wider range of financial instruments, potentially increasing its appeal to investors and traders alike.