Base Activates Cobalt Upgrade to Enhance Compliance for B20 Assets

Ethereum Layer 2 network Base has activated its 'Cobalt' upgrade, introducing new infrastructure for tokenized real-world assets (RWA). The upgrade enhances the B20 token standard with compliance tools, allowing issuers to enforce KYC, accredited investor status, and sanctions screening. It also introduces conditional transaction mechanisms to support Base's transition toward global financial market integration.