Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Coinbase Stock tokenization trading is expected to be gradually rolled out to all users over the coming weeks.
Svmuu News: Brian Armstrong, CEO of Coinbase, stated in a recent interview that although Coinbase entered the stock market relatively late, the company is making long-term strategic moves. He noted that Coinbase, with its deep expertise in cryptocurrency and status as the most trusted crypto brand, will serve as a bridge connecting traditional finance and cryptocurrency, and drive the development of tokenized stocks.A company spokesperson added that all global markets and tradable assets will be tokenized, and Coinbase is ideally positioned to lead this transformation. Tokenized stocks refer to digital tokens representing real-world shares of companies such as Apple and Tesla, offering the advantage of being tradable across exchanges with instant settlement.Armstrong stated that Coinbase will currently sell stocks through traditional channels, with back-end operations handled by Apex Fintech Solutions. The service is currently available only to a select few users but is planned to expand to all customers within the coming weeks.He predicts that the transition of assets onto the blockchain will begin in about two years and expressed hope that Coinbase will eventually become the first company to pay shareholder dividends in the form of Bitcoin. (Fortune)
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report



