Coinbase CEO Brian Armstrong Announces Tokenized Stock Trading Launch on December 20

Coinbase CEO Brian Armstrong announced on December 20 that tokenized stock trading officially launched, calling it a milestone for 24/7 globally accessible equity markets, BlockBeats reports. Armstrong noted the global stock market is roughly 25 times larger than crypto and described traditional equity infrastructure as outdated and less efficient than crypto systems. More details about the initiative will be announced soon, he added.