Coinbase is seeking approval from the U.S. SEC to offer tokenized stock trading, which would bring traditional stocks to the blockchain. This would position Coinbase as a direct competitor to platforms like Robinhood, offering tokenized versions of company shares that can be traded on blockchain networks.

Tokenized stocks could transform trading by lowering costs, speeding up transactions, and enabling after-hours trading, similar to how Bitcoin has revolutionized the way we think about value transfer. However, the U.S. still doesn’t allow tokenized stock trading, so Coinbase needs special approval from the SEC to proceed.

With a more crypto-friendly stance in the U.S. under the Trump administration, this could signal a shift in how digital assets are regulated. While the outcome is still uncertain, this move highlights the growing convergence between traditional finance and blockchain technology.

Stay tuned as this develops