Key facts
- Coinbase is launching tokenized U.S. stocks.
- Tokenized stocks will offer on-chain ownership.
- Tokenized stocks will provide dividend payouts.
- Tokens will be backed 1:1 by real shares.
- The service is initially for non-U.S. investors.
- SpaceX holds 18,712 Bitcoin.
- Citi has tokenized private company shares on a blockchain.
- Coinbase is enabling AI agents to trade cryptocurrencies.
Coinbase is introducing tokenized U.S. stocks, providing users with on-chain ownership, trading capabilities, and dividend payouts. These tokens will be backed on a 1:1 basis by real shares of U.S. companies. Initially, this service will be available exclusively to investors outside the United States.
In parallel developments within the digital asset and blockchain space, SpaceX has disclosed its holdings, revealing ownership of 18,712 Bitcoin. This significant Bitcoin reserve positions SpaceX as a notable holder in the cryptocurrency market. Furthermore, Citi has achieved a milestone by successfully tokenizing shares of private companies on a blockchain. This move by Citi demonstrates the growing application of blockchain technology in traditional finance and asset management.