Coinbase has launched tokenized stocks and prediction markets, marking a significant expansion of its cryptocurrency services. The platform will provide blockchain-based equity representations directly to its over 105 million users, aiming to boost mainstream adoption of tokenized equities.
In parallel, Edel Finance has launched its testnet, offering lending and borrowing services for tokenized stocks using bETH or $EDEL. The CEO of Edel Finance emphasized the importance of developing lending infrastructure to support the growing market for tokenized assets. Both Coinbase and Edel Finance are advancing efforts to establish a crypto-driven capital market.
Coinbase Introduces Tokenized Stocks to Expand Crypto Services
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