Coinbase expects to gradually open stock tokenization trading to all users in the coming weeks

According to Odaily, Coinbase CEO Brian Armstrong stated in a recent interview that although Coinbase entered the stock market relatively late, the company is making long-term strategic plans. He mentioned that Coinbase possesses deep cryptocurrency expertise and the most trusted crypto brand, positioning it as a bridge connecting traditional finance with cryptocurrency and driving the development of tokenized stocks. A company spokesperson added that all global markets and tradable assets will be put on-chain, and Coinbase is best suited to lead this transformation. Tokenized stocks refer to digital tokens representing real-world stocks of companies like Apple and Tesla, with advantages including cross-exchange trading and instant settlement. Armstrong noted that currently, Coinbase will sell stocks in the traditional manner, with backend operations handled by Apex Fintech Solutions. The service is currently available only to a limited number of users but is planned to be expanded to all customers in the coming weeks. He predicted that the transition of assets to on-chain will begin in about the next two years and expressed hope that Coinbase could become the first company to pay shareholder dividends in Bitcoin in the future. (Fortune)