Coinbase Considering Launching Tokenized Securities Trading Again
Date: 2025-03-07 Author: Oliver Abernathy Categories: BUSINESS
The idea has become relevant again after discussions with the SEC's Digital Asset Task Force led by Hester Peirce. In recent months, the regulator has taken a more favorable stance towards the industry regarding crypto ETFs and its oversight mechanism.
When preparing for the IPO, Coinbase included the possibility of issuing tokenized shares in its S1 filing, but later abandoned the idea due to pressure from regulators. Now the company is considering returning to the issue.
Haas expressed confidence that the platform will be able to raise this topic again:
"I am excited to see innovation in the US and to promote the use of blockchain to improve trading efficiency," she said.
A Coinbase representative told The Block that the management is exploring various approaches to implementing tokenization in traditional finance (TradFi) to increase their accessibility and optimize processes.
To this end, the company has developed the “Basics of Legislation for Security Tokens” and launched a digital asset monitoring system.
Coinbase CEO Brian Armstrong emphasized that tokenized securities will provide 24/7 trading, which will create new opportunities for the market.
The exchange’s top management plans to discuss this issue at the upcoming crypto summit, which will bring together industry representatives and US regulators.
Earlier, Bitfinex Securities COO Jesse Knutson announced the key conditions for the growth of the RWA segment.
