Coinbase outlines 'Everything Exchange' vision with planned tokenized stocks and AI advisor

From fxstreet.com

Crypto exchange Coinbase (COIN) unveiled a broad slate of new products on Tuesday, outlining plans to expand into tokenized equities and AI-powered investment tools in its pursuit of becoming an "Everything Exchange." A centerpiece of the roadmap is Coinbase's planned launch of tokenized US equities for customers outside the United States. The company said the assets will be fully backed on a one-to-one basis by real shares, allowing users to trade, hold and redeem them onchain while automatically receiving dividend payments. The upcoming launch comes as traditional brokerages and crypto firms increasingly compete to ... (full story)