
Base completes Cobalt upgrade, adds new tools for tokenized assets
Base has officially activated its Cobalt upgrade, marking a significant expansion of the network's onchain finance capabilities. The upgrade introduces the B20 token standard enhancements, which provide issuers with granular control over compliance, including mandatory KYC, accreditation checks, and sanctions screening. A key feature of Cobalt is the ability for issuers to manage corporate actions like stock splits directly onchain without requiring token burns or mints. Furthermore, the update grants authorized administrators the power to perform forced token transfers, a critical requirement for regulated financial products. The upgrade also debuts Validity Transactions, allowing users to execute conditional trades based on specific price triggers or block deadlines. These technical advancements are part of Base's strategic pivot toward becoming a primary hub for global financial applications. By integrating these institutional-grade controls, Base aims to bridge the gap between traditional financial infrastructure and decentralized blockchain environments.






