Coinbase CEO Highlights Tokenized Stock Standards, Distinguishing from Robinhood

Coinbase CEO Brian Armstrong stated on the 14th that the company's tokenized stocks establish a new industry standard. He emphasized that these assets are fully backed by underlying shares, unlike derivative-based products offered by competitors like Robinhood. The tokens include dividend features, with voting rights planned for the future. Currently available to eligible investors outside the U.S., Coinbase aims to eventually expand this offering to the U.S. market.