- Tokenized stocks are intensifying competition with traditional brokerages, prompting the SEC to consider new policies regarding the market structure.
- Coinbase is preparing to launch tokenized stocks in the US market.
Coinbase launched tokenized shares of Apple Inc. on the Base blockchain, utilizing Alpaca for custody.
2 reports, 2 independent
Updated Aug 25
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Coinbase launched tokenized shares of Apple Inc. on the Base blockchain, utilizing Alpaca for custody.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Coinbase launched tokenized shares of Apple on Base, with Alpaca holding the underlying assets.1 source
Coinbase announced Meta as a new tokenized listing on Base, leveraging Alpaca for share custody.1 source
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The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
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Apple Inc.
American multinational technology company based in Cupertino, California
Related events
- Bybit is offering tokenized shares of major companies, including Apple Inc., Coinbase, SpaceX, and Amazon, as underlying assets.
- Coinbase announced that it provides custody for underlying securities and supports tokenized assets on the Ethereum chain.
- 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.
- Coinbase utilizes its Base L2 network and competes with Robinhood for tokenized stock trading market share.
- Coinbase awaits clearer rules from the SEC as Chair Paul Atkins pushes innovation exemptions for tokenized assets, with Nasdaq building supporting platforms.