Coinbase has initiated a small-scale launch of its traditional stock trading service, with plans to expand access to all customers in the coming weeks, according to CEO Brian Armstrong. The service is supported by Apex Fintech Solutions and is part of Coinbase's broader strategy to develop an "everything exchange," which will eventually include prediction markets and other asset classes.
Initially, Coinbase will offer standard stock trading, but the company aims to introduce on-chain native tokenized equities that mirror real shares, complete with dividend and voting rights. The full implementation of these tokenized equities is contingent upon reaching agreements with regulatory bodies like the SEC regarding accounting and regulatory frameworks.
Coinbase Launches Stock Trading Service, Plans Full Rollout Soon
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