Coinbase expects to gradually roll out stock tokenization trading to all users in the coming weeks.

In a recent interview, Coinbase CEO Brian Armstrong stated that although Coinbase entered the stock market relatively late, the company is making long-term strategic moves. He said that Coinbase, with its deep cryptocurrency expertise and the most trusted crypto brand, will serve as a bridge connecting traditional finance and cryptocurrency, driving the development of tokenized stocks. A company spokesperson added that all global markets and tradable assets will be on-chain, and Coinbase is best positioned to lead this transformation. Tokenized stocks refer to digital tokens representing real-world shares of companies like Apple and Tesla, offering the advantage of being tradable across exchanges and instant settlement. Armstrong stated that Coinbase will currently sell stocks in a traditional manner, with back-end operations handled by Apex Fintech Solutions. This service is currently only available to a limited number of users but is planned to expand to all customers in the coming weeks. He predicts that the transition of assets to on-chain will begin in about two years and expressed his hope that Coinbase will become the first company to pay shareholder dividends in Bitcoin. (Fortune)