Coinbase to join tokenized stock race with onchain shares, dividend payments

FinanceCoinbase to join tokenized stock race with onchain shares, dividend paymentsThe crypto exchange said investors will own the shares and receive dividends, underscoring growing momentum behind tokenized securities.By Helene Braun, AI Boost|Edited by Sheldon Reback Jun 16, 2026, 3:03 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowCoinbase plans to introduce tokenized stocks backed one-for-one by underlying U.S. equities, allowing users to own, trade, hold and redeem equities on a blockchain while receiving dividends automatically.CEO Brian Armstrong said the new products differ from many existing tokenized stock offerings by providing direct equity ownership rather than derivative or synthetic exposure.The tokenized stocks, part of a broader push across Wall Street and crypto firms to move traditional securities onchain, will debut in eligible jurisdictions outside the U.S. at a date yet to be announced.Coinbase (COIN) said it plans to introduce tokenized stocks backed one-for-one by underlying U.S. equities, joining the growing competition among crypto firms and traditional financial companies to bring stocks onto blockchain networks.In a post on X on Tuesday, the exchange said "the first real, 1:1 backed tokenized stocks are coming," allowing users to own, trade, hold and redeem the securities onchain while automatically receiving dividends.The announcement comes ahead of a product event scheduled for 3 p.m. ET Tuesday, in which the company, best known as a crypto exchange, is expected to unveil a series of offerings spanning trading and financial services."For the first time, these are real 1:1 backed tokenized stocks you can trust," CEO Brian Armstrong said in a statement. "You own an actual piece of the company onchain."Armstrong said the products differ from many existing tokenized stock offerings, which are often structured as derivatives or synthetic exposures rather …

Coinbase to join tokenized stock race with onchain shares, dividend payments

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