Coinbase Seeks SEC Approval for Blockchain-Based Stocks

2 mins mins

Key Points:

Coinbase seeks SEC approval for blockchain stocks; Brian Armstrong at forefront.
Potentially broadens access to on-chain securities.
Regulatory approval may influence Ethereum and stablecoin markets.

Coinbase Global Inc. has applied to the U.S. Securities and Exchange Commission for approval to offer blockchain-based stocks, reported by PANews on June 17.

The move could pave the way for traditional equities to be traded on blockchain platforms, aligning with Coinbase’s goal of integrating digital and conventional financial markets.

Coinbase’s Move Toward Blockchain Stocks and Regulatory Hurdles

Coinbase, under CEO Brian Armstrong’s leadership, is making headway to debut blockchain-based stocks, navigating through regulatory challenges. Paul Grewal, Chief Legal Officer, highlighted in his filing that blockchain’s real-time settlement improves market efficiency. As Grewal stated, “Now, because blockchain technology enables real-time settlement and self-custody, the legacy, intermediated market structure is no longer.”

If Coinbase receives the SEC’s blessing, it could revolutionize financial markets by offering a blockchain-powered securities marketplace, broadening access and adding transparency. This pursuit of regulated tokenized securities aligns with the exchange’s broader strategy. The Monthly Market Outlook for June 2025 by Coinbase provides further insights into their strategic future.

The market response has been cautiously optimistic. Analysts predict that institutional and decentralized finance (DeFi) users will benefit. However, stakeholders await further announcements. Grewal’s assertion emphasizes technology’s role in transforming equity markets.

SEC Precedents and Ethereum Market Speculation

Did you know? In January 2025, the SEC’s approval of spot Bitcoin ETFs led to significant inflows into crypto-linked equities, highlighting a precedent for increased investment activity in blockchain-based financial products.

According to CoinMarketCap data, Ethereum (ETH) holds a market cap of formatNumber(309842840559, 2) billion, with a current price of $2,566.61. Recent trading volumes reached formatNumber(23218419844, 2) billion, dropping 2.58% over 24 hours. The 60-day change suggests robust growth of 61.53%.

ethereum-daily-chart-482 — Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 14:15 UTC on June 17, 2025. *Source: CoinMarketCap*

Experts from Coincu’s research team suggest that positive regulatory assessments, such as those detailed in the SEC Report on Cryptocurrency Trading Framework, March 2025, could significantly bolster Ethereum’s application in financial securities. The integration of blockchain for equities aligns with the broader trend toward decentralizing traditional finance sectors. Crypto futures trading can be part of this strategy.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.