Coinbase to launch 1:1 backed tokenized stocks offshore
**Coinbase to Launch 1:1 Tokenized Equities Offshore**
Coinbase plans to roll out 1:1 backed tokenized US stocks for international markets, according to CEO Brian Armstrong. The tokens will represent actual ownership, dividends, and voting rights — not just price tracking.
The launch will be **offshore only**. US retail access is blocked by current securities rules, and Coinbase’s derivatives licenses don’t extend to tokenized equities domestically.
The August 2026 target points to:
- Jurisdictions with clearer regulatory paths.
- Tokens tied directly to underlying shares.
- Full shareholder benefits on-chain.
The move positions Coinbase deeper in the real-world asset space, competing with exchanges and brokerages aiming to merge traditional equities with blockchain settlement.
Key questions remain: asset coverage, launch jurisdictions, and legal structure. How dividends and voting rights are executed will decide if this becomes a true capital markets bridge or just another token wrapper.
Source: Brian Armstrong’s post on X
