Coinbase Launches 1:1-Backed Tokenized U.S. Stocks for Non-U.S. Users on June 16

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Coinbase announced on June 16, 2026 that it is offering tokenized U.S. stocks backed 1:1 to real shares, enabling users to own, trade, hold, and redeem actual equity with automatic dividend distribution. The company emphasized "no derivatives, no IOUs" in its X post on Tuesday morning. Initial access is limited to non-U.S. users, with settlement powered by the Base blockchain via the Coinbase Tokenize platform. Further product details, including supported tickers and fees, are expected during Coinbase's 3 p.m. ET livestream on Tuesday.
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