<ul data-eligibleForWebStory="true"><li>Coinbase is seeking SEC approval to offer "tokenized equities" for stock trading on blockchain technology.</li><li>This move could expand Coinbase's business offerings, putting it in competition with retail brokerages like Robinhood and Charles Schwab.</li><li>Coinbase's chief legal officer, Paul Grewal, considers tokenized equities a "huge priority" for the company.</li><li>The initiative shows Coinbase's ambition to bridge traditional finance and decentralized technologies, potentially opening a new business segment.</li><li>The foray into tokenized equities could revolutionize the financial industry by leveraging blockchain for traditional asset classes.</li><li>Coinbase's application outcome with the SEC will be closely monitored by investors and industry participants.</li></ul>

Coinbase Seeks SEC Approval for “Tokenized Equities” Eyeing Expansion into Stock Trading

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