-
Coinbase Plans 1:1 Backed Tokenized U.S. Stocks
Coinbase said it plans to launch tokenized versions of U.S. stocks that are backed 1:1, adding another major crypto platform to the race to bring traditional equities onto blockchain rails. The company said users will be able to buy, trade, hold, and redeem tokenized shares of U.S. companies onchain. It also said investors will automatically receive dividends, framing the products as tokenized ownership rather than stock-linked derivatives or unsecured representations. “The first real, 1:1 backed tokenized stocks are coming,” Coinbase said in a social media post. “Own actual tokenized shares of U.S. companies. ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From decrypt.co|3 hr agoRobinhood disclosed on Tuesday that it’s letting go of 10% of its employees, attempting to streamline operations amid a severe downturn in crypto-related revenue. The company is ...
From cftc.gov|4 hr agoThe Commodity Futures Trading Commission today issued a Request for Information to assist the Commission in identifying regulations, guidance documents, orders, no-action letters, ...
From financefeeds.com|5 hr agoCircle minted $1 billion in USDC on Solana on June 16, according to on-chain tracker Lookonchain. The issuance brought Circle’s total USDC minting on the network to $3.5 billion ...
-
- Newer Stories
From tradersunion.com|2 hr 15 min agoAs shown in Federal Election Commission filings, Defend American Jobs has spent more than $4.7 million on media and advertising backing Republican Barry Moore in Tuesday's runoff ...
From thestreet.com|1 hr 14 min agoAfter Coinbase CEO Brian Armstrong called for a rethink of accredited investor laws in the United States, billionaire investor Mark Cuban replied on June 16 with a blunt line on ...
