Catenaa, Friday, March 14, 2025 – Coinbase is revisiting its ambitions to introduce tokenized securities to the US market, a move it had attempted unsuccessfully five years ago.
The company is encouraged by a shift in regulatory sentiment under President Donald Trump’s administration, particularly with the creation of the SEC’s crypto task force.
Security tokens use blockchain technology to streamline the trading and ownership of traditional assets and are subject to securities laws. Coinbase first attempted to introduce a security token as part of its S1 filing before going public in 2021.
Despite initial setbacks with the SEC, Haas now sees an opportunity to revive discussions, driven by the changing regulatory environment. The SEC task force, created in January under Acting Chair Mark Uyeda, is seen as a potential catalyst for innovation in the crypto space.
Coinbase’s interest in tokenized securities aligns with its broader strategy to bring more traditional financial assets onto the blockchain, making them more accessible and efficient.
CEO Brian Armstrong also emphasized the potential of 24/7 trading for tokenized securities, which could offer consumers increased flexibility and efficiency in asset transactions.
