Base blockchain network completes Cobalt upgrade, enhancing tokenized asset management

VERA Brief

AI-generated. Grounded in the article and its cited sources.

The Base blockchain network has completed its Cobalt upgrade, which introduces new functionalities for tokenized assets. This upgrade enhances transaction controls and compliance tools for issuers, aiming to improve the management and regulatory adherence of digital assets.

Key facts

• The Base blockchain network has completed its Cobalt upgrade.
• The upgrade introduces new functionalities for tokenized assets.
• Traders can now set specific conditions for transactions.
• Issuers gain new tools for compliance checks, including stock splits and forced token transfers.