LienFi: Mints First Tokenized US Tax Lien on Base
LienFi mints inaugural tokenized U.S. property tax lien on Base blockchain, advancing real-world asset tokenization in crypto yield markets.
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LienFi just minted the first tokenized U.S. property tax lien on Base, Coinbase's layer-2 blockchain, marking a pivotal step in real-world asset tokenization. This move taps into one of America's oldest yield markets, dating back centuries as investment vehicles in communities amid major historical events, now brought onchain for broader crypto access. Jesse Pollak, head of Base, highlighted this milestone, emphasizing its role in onboarding every financial instrument into the blockchain ecosystem.
Shifting to ETH's 4-hour chart, price action clings to $2319.29 amid a bearish trend structure, with the EMA50 at $2323.33 acting as immediate overhead resistance while the EMA200 at $2268.15 provides underlying support. Momentum sits neutral with RSI at 49.32, but MACD's golden cross at -8.37 signals budding bullish pressure—price trades snug inside Bollinger Bands, eyeing upper resistance at $2389.24 for a potential breakout or retracement to lower support at $2254.84 if volatility exhausts. This confluence screams caution for traders chasing quick gains, especially as Base's RWA push could indirectly bolster ETH liquidity in a market hungry for Bitcoin-level hype.
jesse.base.eth
@jessepollakBase Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.