Coinbase: Tokenized stocks fit change markets with 24/7 trading and real-time settlement

Coinbase CEO Brian Armstrong tok say tokenized stocks fit change global markets because dem go allow 24/7 trading, fractional ownership, real‑time settlement, perpetual futures and new on‑chain governance. E say tokenization go open international access, boost liquidity, make am possible to buy fractional shares and speed settlement, fit enable new derivatives and governance models. Coinbase point to sector growth — tokenized equity transfers reach about $2.46 billion last month — and dem talk say dem plan build integrated exchange for crypto, stocks and commodities by 2026. Crypto community reaction mixed: supporters happy say e go democratize, reduce middlemen and allow on‑chain direct registration, but critics warn say on‑chain enforceability weak, regulatory gaps, settlement‑finality problem and counterparty risk from “side‑bet” tokens wey no be from companies. Experts warn tokenized shares fit get less regulation than traditional equities and carry legal and enforcement risks. For traders, key implications: possible changes to liquidity patterns and intraday volatility from 24/7 markets and faster settlement; wider retail participation because fractionalization; new instruments (perpetual futures and on‑chain governance) wey fit create new arbitrage and hedging opportunities; and higher counterparty, legal and regulatory risk until enforceability and rules clear. Primary keywords: tokenized stocks, Coinbase, real‑time settlement. Secondary keywords: 24/7 trading, fractional ownership, perpetual futures, regulatory risk, market structure.