Coinbase and Kraken are competing to bring stock trading on-chain, offering tokenized versions of Apple and Nvidia stock while utilizing the Base blockchain network.

The entities involved

• Coinbase →

  American company that operates a cryptocurrency exchange platform

  • Coinbase and Databricks have both announced hiring for AI-related communications roles.Sun 07:35
  • Central Bank of Ireland fined Coinbase for oversight failures related to its operations in Ireland.Sun 04:50
• Kraken →

  cryptocurrency exchange

  Nothing else this week.

• Apple Inc. →

  American multinational technology company based in Cupertino, California

  • Macworld sources have reported on the current state of Apple's supply chain.Sun 17:22
  • CXMT's expansion is creating pricing pressure on Micron's DRAM business, while also offering potential supply flexibility to Apple Inc. amidst U.S. policy restrictions.Sun 13:33
• Nvidia →

  American multinational technology company

  • An Australian investor invested in a basket of major tech companies including Netflix, Broadcom, TSMC, Nvidia, AMD, and Tesla.Sun 19:16
  • Geopolitical tensions in the Middle East are impacting chip stocks, specifically affecting leading semiconductor companies Nvidia and Marvell Technology.Sun 13:56

Related events

• Coinbase awaits clearer rules from the SEC as Chair Paul Atkins pushes innovation exemptions for tokenized assets, with Nasdaq building supporting platforms.Aug 14
• Major crypto exchanges and platforms, including Kraken, Binance, Coinbase, and Robinhood, are expanding their services to become full investment platforms by integrating traditional stock offerings.Sep 18
• Coinbase announced its listing on Nasdaq, expanded its use of the Base blockchain for settlement, and is deepening its partnership with Marqeta.Oct 20