Coinbase Expands Stock Trading, Eyes Blockchain Equity

Coinbase plans to expand stock trading via traditional methods to all users in the coming weeks, with aspirations for tokenized equities on blockchain within two years.

This move could reshape financial markets, attracting new users and potential regulatory scrutiny, as Brian Armstrong envisions dividends paid in Bitcoin.

Coinbase’s Bold Steps Toward Blockchain-based Equities

Coinbase intends to transform from a cryptocurrency trading platform into an everything exchange. Brian Armstrong aims to make stock trading accessible to all its users in the coming weeks. Currently, this service is limited to a few customers.

Armstrong’s long-term vision focuses on tokenized equities, issuing stocks natively on the blockchain. This initiative is projected to launch within the next two years, revolutionizing share management using blockchain technology. The 2026 Crypto Market Outlook Report offers insights into such futuristic transitions.

Although currently met with limited reactions, the projected plan could potentially trigger substantial regulatory discussions. The plan, if realized, suggests a transformative change in the equity market landscape. A Coinbase company spokesperson commented on the future of trading: “All global markets and tradable assets will move onchain, and no one is better positioned to lead that transition than Coinbase.”

Bitcoin Dividends and Market Implications

Did you know? The proposal for Bitcoin dividends echoes the 2021 trend when companies like Tesla impacted Bitcoin’s market value by adopting it as a treasury reserve.

As of the latest data from CoinMarketCap, Bitcoin (BTC) trades at $95,413.97 with a market cap of formatNumber(1906043295566, 2). Bitcoin’s 24-hour trading volume declined by 21.99%, while its price rose by 5.67% over seven days.

Insights from the Coincu research team highlight that Coinbase’s push for blockchain-based equities might enhance transparency and reduce costs. However, regulatory scrutiny remains a challenge before widespread adoption, as detailed in the Future of Finance Updates from Coinbase.