Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering tokenized shares.

Coinbase launches 1:1 backed tokenized US stocks for non-US users, offering dividends and 24/7 trading as part of its everything exchange strategy.

The crypto exchange said investors will own the shares and receive dividends, underscoring growing momentum behind tokenized securities.

Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering tokenized shares.

Coinbase is planning to launch 1:1-backed tokenized U.S. stocks with on-chain dividends, positioning against synthetic alternatives like xStocks and Binance bStocks.

Coinbase launches 1:1 backed tokenized U.S. stocks onchain with dividends, no derivatives, and "actual tokenized shares of U.S. companies."

Coinbase launches fully backed 1:1 tokenized US stocks on-chain with automatic dividends, outpacing rivals using derivatives and IOUs.

Coinbase unveiled tokenized stocks, options, AI tools and new finance products as it expands its push to become an everything exchange.