Coinbase to launch its first batch of real 1:1 backed tokenized shares

Huoxun Finance reports that Coinbase has announced the upcoming launch of its first batch of fully pegged 1:1 tokenized shares. Users will be able to hold real-world tokenized shares of US companies, trading, holding, and redeeming them on-chain, and automatically receiving dividends. Coinbase emphasizes that this product is not a derivative or debt instrument, but a real-world asset mapping 1:1 pegged to the underlying stock, providing users with a more transparent and verifiable on-chain stock market experience.