Coinbase Aims to Revolutionize Stock Trading with Tokenized Equities

In a bold move that could reshape traditional stock markets, Coinbase is seeking SEC approval to launch tokenized equities trading in the U.S. The cryptocurrency exchange platform is pushing for regulatory clearance, either through a no-action letter or exemptive relief, to overcome potential hurdles. Tokenized equities promise significant operational efficiencies, including lower costs, 24/7 trading, and fractional ownership. This development, reported on June 19, 2025, highlights Coinbase's commitment to integrating blockchain technology into mainstream finance, potentially bridging the gap between traditional and digital asset markets.

Coinbase Seeks SEC Approval to Launch Tokenized Stock Trading

Coinbase is pushing for regulatory clearance to introduce tokenized equities trading in the U.S., a MOVE that could revolutionize traditional stock markets by leveraging blockchain technology. The platform's proposal hinges on SEC approval, either through a no-action letter or exemptive relief, to avoid regulatory hurdles.

Tokenized equities promise operational efficiencies—lower costs, 24/7 trading, and fractional ownership—but face liquidity fragmentation and unresolved regulatory questions. The World Economic Forum has flagged these challenges while acknowledging the transformative potential of blockchain-based securities.

The SEC's recent dismissal of its 2023 lawsuit against Coinbase signals shifting regulatory winds. The agency is now assembling a dedicated crypto rulemaking task force, suggesting a potential thaw in the longstanding institutional skepticism toward digital asset innovation.

FartCoin Defies Market Pressure, Holds Critical $1 Support Amid Whale Accumulation

FartCoin demonstrates resilience as it defends the psychologically significant $1.00 support level, with secondary floors at $0.92 and $0.86. The token's ability to maintain this threshold comes despite an 8% single-day drop and 6% monthly decline, suggesting underlying strength in its market structure.

On-chain metrics reveal strategic accumulation by whale wallets during the dip, while technical analysts observe a developing 'Cup & Handle' pattern—a classic bullish continuation setup. A decisive break above $1.20 could trigger momentum targeting $1.53, according to chart analysts.

The project achieved a major milestone with its Coinbase listing, propelling its market capitalization above $1 billion. While the immediate price reaction remained subdued, the exchange endorsement significantly expands FartCoin's visibility among institutional traders and liquidity providers.

Every Fintech Firm Will Run Its Own Blockchain in Next Five Years: Optimism

OP Labs, the developer behind Ethereum overlay protocol Optimism, predicts that every cryptocurrency exchange and fintech company will operate its own blockchain within five years. Sam McIngvale, head of product at OP Labs, cites the success of Coinbase's layer-2 network Base as a blueprint for this trend.

Base, built using Optimism's OP Stack, has rapidly attracted users and developers since its 2023 launch. The platform enables Coinbase to monetize dormant crypto assets through bitcoin-backed loans, converting them into USDC for liquidity. McIngvale describes this functionality as a "no-brainer" for financial innovation.

The OP Stack software allows creation of Ethereum-compatible layer-2 chains that process transactions faster and cheaper than the mainnet. With Base emerging as the largest layer-2 by total value locked, McIngvale sees this model becoming standard across crypto exchanges and fintech platforms.

XRP ETF Approval Decision Expected by September

The U.S. Securities and Exchange Commission has initiated a formal review process for the proposed Franklin XRP ETF, with a final decision expected by September 9, 2025. The ETF, filed by Cboe BZX Exchange, WOULD track the CF Benchmark CME XRP-Dollar Index and hold physical XRP through Coinbase Custody Trust.

Regulators are scrutinizing whether the product meets investor protection standards and can mitigate market manipulation risks. The outcome could set a precedent for crypto-based financial instruments beyond Bitcoin.