Jesse Pollak, the engineer who launched Base, a Layer 2 scaling solution for Ethereum, posted on X asking how the community can create the first on‑chain native trust company on Base. He framed the idea as a pioneering effort to deliver faster, more efficient, and more secure financial infrastructure. By inviting existing trust companies to collaborate, Pollak signals a push toward integrating traditional fiduciary services with decentralized protocols, potentially reshaping how compliance, custody, and settlement are handled on‑chain. This matters because trust companies are regulated entities that manage assets for clients; embedding their functions directly on a blockchain could lower costs, increase transparency, and accelerate settlement times while still meeting regulatory standards.

“next: how do we build the first onchain-native trust company on @base? excited to pioneer what's possible — and if you're another trust company, we'd love to help you run faster, more efficient, more secure financial infrastructure.”

— Jesse Pollak (@jessepollak) on X · X ↗

Jesse Pollak is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.