Jun. 18 at 10:23 AM
$COIN $HOOD $SCHW
Coinbase seeks U.S. SEC approval to offer 'tokenized equities,' Reuters says
Coinbase (COIN) is seeking approval from the U.S. Securities and Exchange Commission, SEC, to offer 'tokenized equities' to customers, Hannah Lang of Reuters reports, citing comments made by the company's Chief Legal Officer. If granted, this would allow the company to offer stock trading via blockchain technology, placing it in competition with retail brokerages such as Robinhood (HOOD) and Charles Schwab (SCHW).