Coinbase (COIN) Declares Tokenized Stocks..."Half the World Gains Access to US Blue-Chip Stock Investments"

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Coinbase Global (COIN) has unveiled a plan to attract 4 billion unbrokered investors worldwide to the U.S. blue-chip corporate investment market using tokenized stocks.

According to cryptocurrency media outlet Benzinga on June 28 (local time), Coinbase CEO Brian Armstrong stated that tokenized stocks could fundamentally change global investment accessibility. He revealed in "Sourcery with Molly O’Shea," which was released on Saturday, that "currently, there are approximately 4 billion people worldwide who do not have access to brokerage services."

Armstrong said, "Effectively, half the world does not have access to quality U.S. companies that they can invest in. They're stuck in cash and lower quality investment products." He emphasized that tokenized stocks can lower these barriers on top of modern financial infrastructure, adding, "That change will completely change the world."

Coinbase also explained that the tokenized stocks it envisions differ from some existing products. Armstrong described past tokenized stock products as "derivatives or synthetic products," pointing out that they do not convey actual ownership. In contrast, Coinbase's product is structured to be backed one-to-one by the underlying stock.

He connected this trust model to USDC. Armstrong explained, "That's what was so powerful about stablecoins," and that applying the same trust structure to stocks could expand global market access. Benzinga reported that the recent surge in tokenized stock trading volumes to all-time highs also indicates growing interest from institutional and individual investors.

Armstrong believes that the U.S. crypto market structure bill could be the next regulatory driver to accelerate the adoption of tokenized stocks. He assessed that the bill is "right around the corner" and could play a similar role in expanding tokenized stocks, just as the stablecoin regulation bill GENIUS supported stablecoins. He also emphasized that the issue of investment accessibility is not solely a problem for emerging markets, citing a survey of Americans where approximately 83% responded that the current financial system is not working properly for them.

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