Coinbase is seeking SEC approval to offer tokenized stock trading on blockchain networks.
From Yahoo Finance: 2025-06-17 16:07:00
Coinbase is seeking SEC approval to launch tokenized stock trading, aiming to offer digital versions of stocks on blockchain networks. This move could streamline trading, reduce costs, and eliminate intermediaries. The success of this initiative hinges on the SEC’s response, as Coinbase looks for regulatory cover in the U.S.
If approved, Coinbase’s foray into tokenized equities could position it alongside retail brokerages like Robinhood and Charles Schwab. While not yet legal in the U.S., other platforms are piloting such offerings overseas. This move aligns with a more crypto-friendly regulatory environment under new SEC chair Paul Atkins.
Despite the potential benefits, Coinbase’s chief legal officer Paul Grewal noted the lack of clear SEC guidance on tokenized securities. While excited about the opportunity, Grewal emphasized the importance of tailored regulation for securities traded via digital methods. The road ahead for Coinbase’s new venture remains uncertain pending regulatory approval.
Read more: Coinbase Seeks SEC Approval to Offer Tokenized Stock Trading