Coinbase Enters Tokenized Stock Market with Direct Equity Ownership

Coinbase is set to join the growing list of companies offering tokenized stocks, allowing users to own and trade traditional securities on a blockchain.

The exchange, known for its crypto trading platform, will introduce tokenized shares that are directly backed by underlying U.S. equities.

CEO Brian Armstrong emphasized that these new products differ from existing tokenized stock offerings, which often provide derivative or synthetic exposure rather than direct ownership interests.

'For the first time, these are real 1:1 backed tokenized stocks you can trust,' Armstrong said. 'You own an actual piece of the company onchain.'