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Coinbase set to unveil prediction markets and tokenized stocks on Dec. 17

Crypto Briefing
Coinbase plans to launch prediction markets and tokenized stocks on December 17, expanding beyond traditional digital assets.

Summary

Coinbase is scheduled to introduce prediction markets and its own set of tokenized equities on December 17, according to reports citing a source familiar with the company's plans. This expansion moves Coinbase beyond its traditional role as a digital asset exchange, positioning it within the rapidly growing sectors of on-chain finance. The prediction markets will allow users to speculate on future events, while tokenized stocks will facilitate trading of blockchain-based representations of equity securities. The internal issuance of these tokenized equities suggests Coinbase intends to manage both the distribution and the economics of these new offerings.

(Source:Crypto Briefing)