Coin, stock, and chain, an insight into the ultimate ambition behind the expansion of Coinbase's "empire".

Coin, stock, and chain, an insight into the ultimate ambition behind the expansion of Coinbase's "empire".
ChainCatcher 链捕手
ChainCatcher 链捕手
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Author: Fairy,

ChainCatcher Editor: TB, ChainCatcher

Coinbase has been a bit of a move lately.

On the one hand, it applied to the SEC to launch a stock tokenization transaction; On the one hand, it has partnered with Shopify to allow consumers in 34 countries to make purchases with USDC on the Base chain; At the same time, it also supports all Base ecosystem assets through DEX.

Coins, shares, payments, and contracts are all available, and the closed loop is completed on its own public chain Base. Coinbase's ambitions are in full swing.

"On-chain broker": Coinbase's super entry dream

According to Reuters, Coinbase is seeking SEC approval from the United States to provide users with tokenized trading services for shares. Once approved, users will be able to trade tokenized assets representing U.S. stocks through blockchain technology. Coinbase will compete directly with traditional retail brokerages such as Robinhood and Charles Schwab, and is also expected to open up a new on-chain securities business territory.

Behind this move is a fast-rising market: the overall market capitalization of the RWA sector has grown from $15.7 billion in January to $23.9 billion so far this year, an increase of more than 50% in just a few months.

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