Coinbase CEO Brian Armstrong said the company has launched tokenized stocks built on a structure backed by real, fully collateralized securities rather than synthetic assets or debt instruments. According to Armstrong, the tokens can be redeemed for the underlying shares and already include dividend functionality, with voting rights set to be added later. He said the model is designed to give global investors and institutions easier access to the U.S. equity market, which he described as exceeding $7 trillion in size. Armstrong also said Coinbase wants to build a foundation for tokenized U.S. equities by using a stronger asset-backing framework and a more complete rights structure tied to the underlying securities.
Coinbase has launched tokenized stocks, according to CEO Brian Armstrong.
Armstrong said the products use a real, fully backed securities model rather than synthetic assets or debt instruments. The tokens can be redeemed for the corresponding underlying shares. They already support dividends, and voting rights are planned for a later stage.
He said the structure could make it easier for global investors and institutions to access the U.S. stock market, which he said is worth more than $7 trillion. Armstrong added that Coinbase aims to build a foundation for tokenized U.S. equities with a more complete asset-backing and investor-rights framework.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
