The tokenized stock market now boasts a valuation of $1.2 billion. This growth signals the broader adoption of blockchain technology beyond traditional cryptocurrencies.
This expansion brings renewed focus to Coinbase’s strategic plan to evolve into an "everything exchange." Coinbase intends to offer traditional stock trading on its platform.
The company aims to integrate crypto, conventional assets, and on-chain infrastructure.
This strategy aligns with a larger industry trend. Major players, including Nasdaq, have filed with the SEC to offer tokenized stocks, underscoring the growing convergence between traditional finance and digital assets.