Coinbase's On-Chain Equity Plan Could Revolutionize Tokenized Stocks

THORChain's recent $10.7M hack has left investors questioning the security of its native token, RUNE. Despite this setback, THORChain is planning to restart and recover trust in the project.

In related news, tokenized stocks with real dividend rights are being explored as a potential solution for traditional market players looking to integrate decentralized finance (DeFi) rails. A major U.S. public company like Coinbase issuing its equity on-chain could fuse traditional market rights with DeFi capabilities.

Tokenized equities imply legally enforceable dividends, votes, and corporate actions, not just price exposure. If a company like Coinbase were to issue or mirror its shares on-chain, it could normalize compliant, programmable dividends and corporate actions on public networks.