The integration of cryptocurrency and traditional finance has taken another historic step. Coinbase, the US cryptocurrency exchange giant, announced today via its official social media accounts the upcoming launch of "tokenized US stocks" backed by 1:1 real assets. The official promotional video confidently proclaims "Welcome to the future of stocks," emphasizing that users will not only enjoy 24/7 global trading access but also truly control tokenized shares of physical stocks.
Rejecting derivatives and IOUs, dividends are automatically distributed on-chain.
Unlike common synthetic assets or contracts for difference (CFDs) on the market, Coinbase has made a particularly strong statement that its tokenized stock "has no derivatives and no IOUs (IOUs)." Investors can trade, hold, and redeem directly on-chain, and even automatically receive dividends from the company. This means that users can enjoy the same substantial rights as traditional stocks, while also having the high liquidity and control of cryptocurrencies.
Base Chain Deployment is being clamored for by the community, but is currently only available to users outside the United States.
Due to stringent securities regulatory considerations, Coinbase explicitly stated at the bottom of the video and in its legal disclaimer that this tokenized stock service will initially be available "only in eligible jurisdictions outside the United States." More product details are expected to be revealed via livestream at 3 PM ET today (approximately 3 AM Taiwan time).
This major announcement immediately attracted tens of thousands of views and enthusiastic interactions within a short period. The community not only compared it to similar products from competitors like Backpack, but also had many users asking whether the service would be directly deployed on Coinbase's own Layer 2 network, Base. The market is closely watching the specific implementation details.
Related reports
