Coinbase Enters Tokenized Equities Market with 1:1-Backed Stock Tokens

Coinbase is expanding its services beyond cryptocurrency trading by launching tokenized U.S. stocks backed 1:1 by real shares.

The new product allows users to trade, hold, and redeem these assets onchain, with dividends flowing automatically to eligible holders.

This move positions Coinbase's model as a blockchain-native version of brokerage equity exposure, setting it apart from other tokenized-stock products that are derivatives or issuer-backed tokens.

The launch also fits into Coinbase's broader 'Everything Exchange' strategy, which aims to integrate various financial services and assets onto its platform.