Money will no longer be the dollars in your checking account or the billfold in your pocket...
- Coinbase has launched tokenized stocks on its Base layer-2 Ethereum network, utilizing a new 'B20 standard' that enhances compatibility with DeFi protocols and handles corporate actions like dividends and stock splits.
- These tokenized stocks are backed 1:1 by real shares held by a regulated broker and custodian, offering holders a legal claim and operating in a permissionless ecosystem without whitelisting.
- The article posits that this trend, combined with stablecoins and autonomous machines, signifies a fundamental shift in the concept of 'money,' where any asset of value could become money, potentially enabling everyday purchases with tokenized equities.
Topics: Asset types, Blockchain usage, Institutional adoption, Financial instruments, Ethereum evm l 1 s, Asset manager initiatives
Tags: #tokenizedstocks #coinbase #base #ethereum #b20standard #erc20 #defi #permissionless #nvidia #alpacas
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