Coinbase says 1:1 backed tokenized U.S. stocks are coming for non-U.S. markets
Coinbase said it plans to launch tokenized stocks outside the U.S. in July, starting with 1:1-backed shares tied to SpaceX, Nvidia, Google, Strategy and Bitmine, alongside options trading, an AI adviser and unified liquidity.
Coinbase said it will roll out tokenized stocks for non-U.S. users in July, beginning with fully 1:1-backed tokenized shares linked to SpaceX, Nvidia, Google, Strategy and Bitmine. The exchange said users will be able to buy, hold, trade and redeem the on-chain shares and automatically receive corresponding dividends. Coinbase described the product as neither a derivative nor an IOU, but a one-for-one mapping to underlying shares. The company also said it plans to add options trading, an AI adviser initially for Coinbase One members, and a global unified liquidity model.
- tokenized stocks: Blockchain-based representations of company shares designed to mirror ownership or exposure to underlying equities.
- 1:1 real asset-backed: A structure in which each token is matched by a corresponding underlying share or asset on a one-for-one basis.
- global unified liquidity: A trading structure Coinbase said is intended to connect liquidity and trading activity across markets.