Is Coinbase Undervalued Given Circle's Rally?
Coinbase revealed that the company is seeking approval from SEC to launch a “tokenized stock” service.
Tokenized stocks are digital assets backed by equity in publicly traded companies. Instead of holding traditional securities, investors own tokens that represent ownership of those securities.
The stock jumps 16% and hits $299.
Is securities tokenization next big trend in the stock market? Would you invest in stablecoin tokens?
Can Coinbase surpass its previous high of $350?