#Coinbase
40 articles tagged #Coinbase — curated RWA tokenization coverage.
Coinbase joins tokenized stock race with onchain shares and dividend payments
Coinbase has announced plans to launch tokenized stocks backed one-for-one by underlying U.S. equities, marking its entry into the competitive onchain securities market. CEO Brian Armstrong emphasized that these assets represent direct ownership rather than the derivative or synthetic structures often found in existing offerings. By moving traditional securities onto blockchain rails, the platform aims to provide investors with benefits such as automated dividend payments and 24/7 trading capabilities. This initiative targets international users in eligible jurisdictions, offering them streamlined access to U.S. capital markets without the need for traditional foreign brokerage accounts. The move intensifies competition in the RWA sector, where firms like Kraken and Robinhood are also expanding their tokenized equity footprints. As major institutions like Citi, BlackRock, and JPMorgan continue to explore tokenization, this development underscores the industry's broader shift toward digitizing traditional financial assets. While no specific launch date was provided, the announcement signals a significant push by Coinbase to capture market share in the rapidly growing tokenized securities space.
Coinbase launches pre
Coinbase has launched pre-IPO markets for non-US users, beginning with perpetual futures contracts tied to the valuation of SpaceX. These USDC-settled contracts allow 24/7 trading without expiry, enabling retail investors to gain exposure to private companies that were previously restricted to venture capital and institutional players. Upon a company's eventual public listing, these positions automatically transition into post-IPO perpetual futures. This move highlights a broader industry trend among major exchanges like Kraken, Binance, and Bitget to offer synthetic or tokenized access to private market assets. The initiative reflects growing demand for fractionalized exposure to illiquid assets, a sector currently experiencing significant expansion within the broader RWA market. With the RWA market reaching $51 billion, such products aim to bridge the gap between traditional private equity and crypto-native trading platforms. By targeting high-profile firms like SpaceX, which holds valuations reaching $1.75 trillion, Coinbase is positioning itself to capture market share in the increasingly competitive landscape of private market derivatives.
Are Tokenized Stocks the New Altcoins? On-Chain Equities Heat Up Amid SpaceX IPO
The tokenized equity market is experiencing rapid growth, with its combined market cap surging from $20 million in late 2024 to approximately $1.4 billion. This shift is highlighted by the launch of tokenized SpaceX (SPCX) on Solana by Backpack, which saw over $100 million in volume on its first day on Gate, alongside significant activity on Hyperliquid. Unlike the failed synthetic models of the past, modern tokenized stocks are asset-backed, with regulated custodians holding real shares 1:1 via special purpose vehicles. Major platforms like Coinbase, Kraken, Bybit, and Trust Wallet are integrating these products, offering users 24/7 access to equities like NVDA and TSLA. While Binance's direct stock trading service has seen higher daily turnover, the tokenized sector continues to scale, reaching a record $5.16 billion in daily volume in June. This convergence is forcing a shift in the broader crypto market, as altcoins increasingly face pressure to demonstrate real revenue rather than relying on speculative sentiment. Ultimately, the integration of traditional equities into blockchain ecosystems represents a fundamental evolution in how digital assets are valued and traded.
Tokenized Stocks With Dividends: Why Coinbase’s On-Chain Shares Plan Matters for DeFi
The potential issuance of tokenized Coinbase shares represents a significant evolution in the RWA market by bridging traditional equity rights with decentralized finance infrastructure. By utilizing blockchain-based ledgers and registered transfer agents, such a move would allow for the programmable, automated distribution of dividends directly to investor wallets, likely via stablecoins like USDC. Unlike previous synthetic or offshore "stock token" experiments that lacked legal substance, a Coinbase-led initiative would prioritize regulatory alignment, including KYC/AML compliance and secondary trading on registered Alternative Trading Systems. This approach mirrors the operational success of existing tokenized funds like BlackRock's BUIDL on Ethereum and Franklin Templeton's on-chain money fund on Polygon. For the DeFi ecosystem, this development could introduce a new class of compliant, yield-bearing collateral that functions within permissioned, identity-verified protocols. The integration of L2 networks like Base further enhances the feasibility of these distributions by reducing transaction costs and improving user experience. Ultimately, this shift signals a transition toward more efficient, transparent corporate actions on public networks, provided issuers maintain rigorous legal and technical standards.