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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.
According to an official announcement, Coinbase stated that it will launch tokenized stocks backed 1:1 by physical shares. Users can directly hold genuine 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.
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