Coinbase Pursues SEC Approval to Launch Tokenized Equities Trading

Coinbase Pursues SEC Approval to Launch Tokenized Equities Trading

Cryptocurrency exchange Coinbase is actively pursuing U.S. Securities and Exchange Commission (SEC) approval to introduce “tokenized equities” — a move that, if sanctioned, would position the platform as a direct competitor to established stock-trading services. A Reuters report on Tuesday revealed Coinbase’s Chief Legal Officer, Paul Grewal, confirmed that obtaining SEC backing for tokenized stock trading is a “huge priority.” The initiative...

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