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. Trade, ... (full story)