Coinbase Seeks SEC Approval to Offer Blockchain-Based Stocks
Coinbase is seeking approval from the Securities and Exchange Commission (SEC) to offer blockchain-based stocks, according to a Reuters interview. According to the crypto exchange’s chief legal officer Paul Grewal, Coinbase is looking to offer “tokenized equities” to its customers in the form of these stock shares. JUST IN: Coinbase seeks SEC approval to offer blockchain-based stocks. — Watcher.Guru (@WatcherGuru) June 17, 2025 The move would allow Coinbase to offer stock trading via blockchain technology effectively. This service is already offered by retail brokerages including Robinhood (HOOD) and Charles Schwab (SCHW). The concept is a “huge priority,” Grewal said in an interview with Reuters this week. Currently, tokenized equities are not available for trading in the United States. However, several firms are experimenting with offering these products. Coinbase rival Kraken said last month that it is launching tokens of U.S. equities, called xSto...