Crypto
Coinbase Brings Traditional Stocks to DeFi with Tokenized Shares Launch
Coinbase has launched tokenized stocks on its Base platform, allowing users to trade shares of Apple and NVIDIA 24/7 in a decentralized finance (DeFi) environment.
The move marks a significant step for Coinbase's Base platform, which aims to provide a seamless experience for trading traditional assets with the benefits of DeFi.
Tokenized stocks are essentially digital representations of real-world equities, allowing users to buy and sell fractions of shares without the need for physical ownership.