Coinbase Enters Stock Tokenization, Plans Full Rollout Soon
Coinbase CEO Brian Armstrong recently revealed that despite entering the stock tokenization space later than others, the company's deep expertise in crypto will help bridge traditional finance and digital assets.
Benefits of Tokenized Stocks
Tokenized stocks allow users to own shares in real-world companies like Apple and Tesla via blockchain, enabling cross-platform trading and instant settlements, significantly improving capital efficiency.
Gradual Rollout Strategy
Currently, Coinbase's stock tokenization service is powered by Apex Fintech Solutions and available to a limited number of users, but is expected to go live for all users within weeks.