Coinbase says it's bringing tokenized stocks to its platform — fully backed, one for one, by shares of U.S. companies. The exchange announced on its official X account that the first real, 1:1 backed tokenized stocks are coming.
Customers will be able to own, trade, hold, and redeem them.
What tokenized stocks are
Each token represents an actual share of a U.S. company. Coinbase says the backing is 1:1, meaning for every digital token issued, a corresponding stock sits in custody. Users can trade these tokens like cryptocurrency but they track the price of the underlying stock.
Why the announcement matters
The product bridges traditional finance and crypto. Instead of buying shares through a brokerage during market hours, Coinbase customers could trade these tokens any time. The exchange is calling them the first real tokenized stocks — a dig at earlier projects that lacked full backing.
What's missing
Coinbase didn't say which companies will be available or when the product launches. The post is brief, and the company hasn't given a timeline. Questions remain about regulatory treatment and which stocks will appear first.
The exchange hasn't provided a date for when customers can start trading.
