Overview
- Coinbase Canada CEO Eric Richmond said on Tuesday the company is preparing to bring its Everything Exchange to Canada and plans to offer tokenized stocks to non-U.S. customers imminently.
- The tokenized stocks are described as one-for-one backed by underlying shares so holders would receive dividends and shareholder voting rights while trades could settle on blockchain rails.
- Coinbase has not set a launch date and says the rollout depends on ongoing engagement with Canadian regulators before broader products can go live.
- The company supports USDC today but says no Canadian-dollar stablecoin currently meets Canadian listing standards and that a regulated digital Canadian dollar would enable payment products and faster cross-border settlement.
- The Canada push builds on recent international wins such as EU MiCA authorization and comes as Coinbase competes with brokerages and other exchanges while promoting 24/7 access, faster settlement, and wider retail access to financial products.