Coinbase rolls out 1:1-backed tokenized U.S. stocks as part of major platform update

Crypto exchange Coinbase announced one of the largest product expansions in its history, including tokenized U.S. stocks, AI-driven investing tools, expanded derivatives trading, and new banking-style features. The rollout comes as demand for tokenized assets continues to grow, while pre-IPO perpetual futures trading volume rose to roughly $12 billion in June. Coinbase CEO Brian Armstrong said the aim is to put true ownership of financial assets on-chain and give investors more ways to trade, earn, and manage money.