#Coinbase is considering launching tokenized stocks.#
Hot Topic Overview
Overview
Coinbase is exploring the possibility of tokenizing its stock, COIN, and bringing it to Base, but it's still in the early stages and there are no concrete plans yet. This plan will need to wait for clear regulations from regulators on security tokenization. Base developer Jesse Pollak said they want to bring COIN stock to Base and believe that all assets will be on Base in the future. While non-US users can already access COIN on Base through platforms like BackedFi, Pollak emphasized the need for a clear regulatory framework to support on-chain open platforms to ensure that assets like COIN are listed securely and compliantly. This move will leverage Base's liquidity to boost buy orders for Coinbase stock, and may even allow stock to be used as gas, bringing new imagination to the RWA track.
Ace Hot Topic Analysis
Analysis
Coinbase is exploring the possibility of bringing its COIN tokenized stock to its newly launched blockchain Base, but it is still in the early stages and there are no concrete plans yet. This plan will need to wait for clear regulations from regulators on security tokenization. Base developer Jesse Pollak said they want to bring COIN stock to Base, saying "every asset in the world will be on Base." He stressed the need for a clear regulatory framework to support on-chain open platforms to ensure that assets like COIN are launched safely and compliantly. The significance of this plan is that Coinbase can leverage the liquidity of its own chain to increase buy orders for its own stock, and may even use the stock as gas. This shows that Coinbase is actively exploring bringing traditional financial assets into the blockchain space and attracting more users and liquidity to its newly launched Base platform. However, due to the uncertainty of the regulatory environment, the ultimate realization of this plan remains a challenge.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase is exploring the possibility of bringing tokenized COIN shares to Base, but it is still in the early stages and there are no concrete plans yet.
Coinbase is awaiting clear regulations from regulators on security tokenization, and the plan has not yet been concretized.
Bringing tokenized COIN shares to Base could enhance the liquidity of Coinbase shares and potentially use them as Gas payments.
A clear regulatory framework is needed to support on-chain open platforms to ensure that assets like COIN are launched safely and compliantly.