#Coinbase is considering launching tokenized stocks.#
Hot Topic Overview
Overview
Coinbase is exploring the possibility of tokenizing its own stock, COIN, and bringing it to 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." 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 assets like COIN are launched safely and compliantly. This move would help improve the liquidity of Coinbase stock and could provide new use cases for the stock, such as using it as a gas payment tool.
Ace Hot Topic Analysis
Analysis
Coinbase is exploring the possibility of bringing tokenized COIN shares to Base, but it's still in the early stages and there are no concrete plans yet. Base developer Jesse Pollak said they want to bring COIN shares to Base, stating that "every asset in the world will be on Base." The plan hasn't been finalized because Coinbase is waiting for clear regulations from regulators on security tokenization. Pollak emphasized the need for a clear regulatory framework to support on-chain open platforms to ensure assets like COIN can be listed safely and compliantly. While Coinbase can't issue its own token on Base, listing its own shares on Base, besides leveraging its own chain's liquidity to boost buy orders for its own shares, could even potentially use the shares as gas, which would bring more imagination to the RWA track.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase is exploring the possibility of bringing COIN tokenized stocks 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 COIN tokenized stocks to Base could boost buy orders for its own stock, and may even be used as Gas.
A clear regulatory framework is needed to support on-chain open platforms to ensure that assets like COIN are listed safely and compliantly.