Coinbase is moving towards launching tokenized stocks, attracting interest from the Securities and Exchange Commission (SEC). This initiative could significantly change the equity market.
Coinbase's Request for Tokenized Stocks Approval
Coinbase seeks approval from the SEC to offer tokenized stocks, which could innovate in equity trading. **Paul Grewal**, Coinbase's Chief Legal Officer, stated that facilitating tokenized equities is a central goal. If approved, this initiative will enable Coinbase to compete directly with traditional brokerages.
Ethereum’s Role in Tokenized Stocks
Ethereum (ETH) with a market cap of $305.06 billion plays a crucial role in blockchain finance. As of June 18, 2025, ETH traded at $2,527.03, down 2.12% in the last 24 hours. Despite these drops, ETH has risen 24.82% in the past 90 days, indicating that tokenized stocks may enhance institutional interest in digital finance.
Regulatory Prospects for Crypto Assets
With the SEC's rigorous scrutiny of new financial products, regulatory processes may significantly impact future activities of crypto assets. In February 2025, the SEC approved its first interest-bearing stablecoin as a security, paving the way for further regulation and integration of digital assets into the financial system.
The launch of tokenized stocks by Coinbase, along with increasing SEC interest in crypto asset regulation, indicates a potential shift in market dynamics and growing interest in Ethereum and DeFi.
