Coinbase is pushing for the approval of the SEC for trading with blockchain-based shares and positions itself as a competitor of Robinhood with commercial options available around the clock.
Coinbase is pushing for the approval of the SEC for trading with blockchain-based shares and positions itself as a competitor of Robinhood with commercial options available around the clock.
Coinbase is forced to trade the SEC for trading with blockchain-based shares
Coinbase has expanded its ambitions and urges the US Securities and Exchange Commission (SEC) to enable trading with blockchain-based shares. This step is part of the company's strategic repositioning in order to establish itself as a serious Robinhood competitor.
A significant characteristic of this project is the desired introduction of a 24/7 trade model that offers users the opportunity to act with digital assets at any time and flexibly. This type of commercial availability could be a significant advantage for coinbase, especially in a market that is increasingly dependent on digital innovation and flexibility.
The step of Coinbase illustrates the company's endeavor to take on a leading role not only in the area of trade in cryptocurrencies, but also in stock trading. With the potential trade of blockchain-based shares, the platform could address a wider target group and at the same time expand the user experience with a versatile product range.
Approval by the SEC could not only create new trading opportunities for investors, but also revolutionize the entire market for digital shares. The development is followed carefully because it could not only have an impact on coinbase itself, but also on the competitive landscape in stock and crypto trade.