Coinbase CEO Targets $70T US Stocks With Fully Backed Tokenized Equities Push

2 hours ago 1

Rommie Analytics

Key Takeaways:

  • Coinbase CEO Brian Armstrong claims that the exchange’s token stocks represent actual securitie, and not synthetic assets or debt instruments.
  • The products offer redemption and dividend capabilities and voting is scheduled for a later rollout.
  • In the meantime, Armstrong views tokenized equities as a pathway for global investors to tap into the $70 trillion-plus U.S. stock market via blockchain infrastructure.