Coinbase to Bring Tokenized Securities to US Market
Coinbase CEO Brian Armstrong has indicated an increasing interest in tokenized securities, in light of the changing regulatory environment under the Trump administration.
During his presentation at the Morgan Stanley Technology, Media, and Telecom Conference earlier this week, Armstrong expressed hope that renewed discussions with regulators could facilitate the development of tokenized assets.
These assets would enable the representation of traditional financial instruments on blockchain networks.
Armstrong stated:
“I’m now excited that we may be able to reengage those conversations with the SEC’s task force. We may be able to bring forward security tokens and some international products into the US market that have already seen broad adoption among global crypto traders.”
