Coinbase, the largest cryptocurrency exchange in the United States, is expanding globally with plans to introduce tokenized stock trading for customers outside the US.
The company announced on Tuesday that tokenized stock trading will begin in August for international users. These digital assets will be fully backed on a one to one basis by the underlying stocks and will represent genuine equity ownership. Holders will receive benefits such as dividend payments and full shareholder rights, while also gaining access to the flexibility of the onchain economy.
Tokenized Stocks Meet Crypto Utility
This new offering combines traditional stock ownership with the advantages of blockchain technology. Investors will be able to trade stocks beyond regular market hours, creating greater flexibility for global participants.
In addition, tokenized stocks can be used in several ways within the crypto ecosystem. Users can lend them out to earn yield, use them as collateral for loans, or transfer them directly to other users.
Brian Armstrong, CEO of Coinbase, said the product delivers the benefits of true ownership while unlocking the advantages of tokenized assets. He described the launch as a major step toward expanding global access to US financial markets.
Coinbase also revealed plans to roll out options trading for both cryptocurrencies and stocks directly on its platform. Options contracts give traders the right, but not the obligation, to buy or sell assets at a predetermined price, unlike futures contracts, which involve fixed obligations.
The company is also introducing real world asset perpetual futures, offering exposure to sectors such as artificial intelligence, China, defense, and technology.
Pre IPO Perpetual Futures Gain Momentum
Coinbase’s recently launched pre IPO perpetual futures are also attracting strong interest. These products allow investors to gain exposure to high profile private companies before they officially list on public markets.
The first offering features SpaceX, with plans to expand to companies such as Anthropic and OpenAI.
Pre IPO perpetual futures have grown rapidly in popularity over recent months, especially ahead of SpaceX’s IPO last week. According to CryptoQuant, trading volume across major exchanges has surged by 1,100 percent since early May, reaching approximately $12 billion. Binance currently dominates this market segment.
Tokenized stocks still represent a relatively small portion of the broader tokenized real world asset market. Data from RWA.xyz shows tokenized stocks account for just 5 percent of total onchain RWA value, or about $1.5 billion.
Ondo Finance currently leads the tokenized stock market with 59 percent market share, followed by Backed Finance at 32 percent.
Coinbase CEO Criticizes Traditional Banks
During an interview with Fox News on Tuesday, Brian Armstrong accused major banks of resisting the administration’s crypto friendly policies.
He argued that traditional financial institutions are focused on protecting profit margins at the expense of everyday consumers.
Banks are particularly concerned about stablecoin yields, which often offer significantly higher returns than traditional savings accounts. Financial institutions worry that customers may move deposits into crypto based products to earn better returns, reducing funds held in conventional banking systems.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
