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

CoinDesk·

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

60-second summary

Coinbase is set to join the tokenized stock race by introducing on-chain shares with dividend payments, allowing investors to directly own and receive dividends from these tokenized securities. This move underscores growing momentum behind tokenized securities, which are expected to increase adoption and liquidity in the market, potentially driving further innovation in the space.

The crypto exchange said investors will own the shares and receive dividends, underscoring growing momentum behind tokenized securities.