Coinbase Global Inc. is expanding into Canada to launch tokenized stocks and crypto derivatives. The company is collaborating with Canadian regulators to develop an Everything Exchange for digital assets. This strategy shifts Coinbase beyond standard trading into regulated, blockchain-based versions of traditional securities.

Coinbase invested in a $75 million private markets fund tokenized by Mubadala Capital. The firm provides the underlying infrastructure and serves as a direct investor. Coinbase is utilizing the tokenized fund for its own on-chain treasury management. This move marks a significant adoption of tokenized real-world assets by a major U.S. public company.