Coinbase seeking SEC approval to offer blockchain-based equities

Coinbase is seeking permission from the U. S. Securities and Exchange Commission (SEC) to launch blockchain-based equities, Reuters reported on June 17, citing the exchange’s chief legal officer, Paul Grewal. The plan would enable Coinbase to offer digital tokens that represent ownership in publicly listed companies, effectively merging traditional equity markets with blockchain infrastructure source: https://cryptoslate.com/coinbase-seeking-sec-approval-to-offer-blockchain-based-equities/