Coinbase: Debuts 1:1 Backed Tokenized Stocks
Coinbase launches real tokenized stocks with 1:1 backing, onchain trading, dividends and redemption for U.S. equities.
SourceAnalysis
Coinbase rolls out the first genuine 1:1 backed tokenized stocks that let users own actual shares of U.S. companies, trade and redeem them onchain while automatically collecting dividends with no derivatives or IOUs involved, extending the onchain trading model already familiar in BTC markets.
paulgrewal.eth
@iampaulgrewalChief Legal Officer at Coinbase, navigating crypto regulations while maintaining an ardent Ohio sports enthusiast.