News/Product/Jun 16, 2026

Coinbase announces 1:1 backed tokenized U.S. stocks with automatic dividends

On June 16, 2026 Coinbase said users will be able to buy, trade and hold tokenized versions of U.S. stocks that are backed 1:1 by actual shares. Holders would receive dividends automatically and could redeem their tokens, with everything settled onchain. The announcement came in a brief social media post, with more details promised that afternoon. Eligibility and launch timing were not specified in the coverage.

  • Announced Tuesday, June 16, 2026 in a social media post
  • Tokens described as 1:1 backed by actual shares
  • Dividends paid automatically to holders; tokens redeemable
  • Eligibility and regions not given in the coverage
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Source
The Block
Jun 16, 2026
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