#Coinbase is considering launching tokenized stocks.#
Hot Topic Overview
Overview
Coinbase is exploring the possibility of tokenizing its own stock, COIN, and introducing it to its Layer-2 blockchain, Base. This plan is still in its early stages and has not been concretized, as Coinbase is awaiting clear regulations from regulators on security tokenization. Base developer Jesse Pollak said they want to bring COIN stock to Base, stating, "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 securely and compliantly. The potential significance of this plan lies in its ability to leverage Base's liquidity to boost buy orders for COIN stock, and even potentially use the stock as gas, opening up new possibilities for the RWA track.
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 "every asset in the world will be on Base." This plan will need to wait for clear regulations from regulators on security tokenization. Currently, 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. Issuing COIN shares on Base, besides simply borrowing liquidity from its own chain to boost buy orders for its own stock, could even potentially use the stock as gas, which would bring more imagination to the RWA track in 2025.
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 enhance the liquidity of Coinbase stock and potentially use it as Gas.
A clear regulatory framework is needed to support on-chain open platforms to ensure that assets like COIN are listed securely and compliantly.