Coinbase's Base Moves Toward Tokenized Stocks For Non-US Users

Coinbase's Base layer is building toward tokenized equities with 1:1 underlying backing and dividend pass-through, initially targeting non-US users to navigate securities regulation. The move signals mainstream crypto infrastructure backing real-world asset tokenisation, though execution risks around custody, liquidity, and jurisdictional compliance remain substantial.

This Wire brief sits within Fusion42's coverage of Crypto & Web3 and Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.