This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Coinbase is pushing for SEC approval to launch blockchain-based equities, a move that could bridge traditional stock markets with crypto infrastructure. If approved, the exchange would compete with major retail brokers like Robinhood and Charles Schwab.
- Coinbase aims to offer tokenized equities, competing with brokers like Robinhood and Charles Schwab.
- The SEC's approval via a 'no action letter' is critical for the initiative to proceed.
- Tokenized equities could reduce costs, speed up settlements, and enable round-the-clock trading.
📎 Related coverage from: cryptoslate.com