Technology

Coinbase launched 1:1-backed tokenized U.S. stocks for eligible non-U.S. users on June 16, 2026, with real share custody, automatic on-chain dividends, and an initial lineup including Nvidia, Alphabet, and SpaceX. The international-first rollout sidesteps unresolved SEC domestic rules while competing directly with Kraken's xStocks platform, which has already logged $20 billion in cumulative trading volume.