BlockBeats News, June 16th, Coinbase announced today that it will launch the first batch of fully 1:1 asset-backed tokenized stocks, marking a key step in the migration of traditional US stock assets to the blockchain. Users will be able to directly hold tokenized shares of real US company stocks and complete transactions, holdings, and redemptions on-chain, while automatically receiving corresponding dividend distributions.

Coinbase emphasized that this product is not a derivative or an IOU, but a real asset mapping anchored 1:1 with the underlying stock, aiming to provide users with a more transparent and verifiable on-chain stock market experience.