Coinbase to Launch Tokenized U.S. Stocks with Real 1:1 Backing

TechFlow News, June 16: According to an official announcement, Coinbase stated it will launch tokenized stocks backed 1:1 by physical shares. Users can directly hold tokenized shares of U.S. publicly listed companies and trade, hold, or redeem them on-chain, while automatically receiving dividend distributions. Coinbase emphasized that this product is neither a derivative nor a debt instrument, but rather an on-chain asset backed by real shares.