According to a January 16 PANews report citing Fortune, Coinbase CEO Brian Armstrong stated that the company has launched a traditional stock trading service for a limited group of users and plans to roll it out to all customers within weeks, with backend support provided by Apex Fintech Solutions. This move is part of Coinbase's strategy to build an "everything exchange," which in the future will include various asset types beyond traditional stocks, such as prediction markets. Armstrong noted that Coinbase will first offer regular stock trading and will then focus on tokenized equities that are one-to-one linked to real shares and carry dividend and voting rights. However, the realization of this initiative depends on reaching consensus with regulators such as the SEC regarding record-keeping and rule details.
Coinbase to Launch Stock Trading Service for All Users in Weeks
PANewsShare
Summary
Coinbase to Launch Stock Trading Service for All Users in Weeks, signaling a major step in its token launch news strategy. The service, now live for a limited group, will expand soon via Apex Fintech. CEO Brian Armstrong aims to build an 'everything exchange,' including on-chain news and prediction markets. Future plans include tokenized equities with voting and dividend rights, pending regulatory clarity.
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