Coinbase Enters $10 Trillion Tokenization Market with New Base Blockchain
-
Coinbase is diversifying into real-world asset (RWA) tokenization, a potential $10 trillion opportunity by 2030.
-
RWA tokenization converts real-world assets like stocks and bonds into digital tokens on blockchains.
-
Coinbase launched its own blockchain called Base to support RWA tokenization initiatives.
-
Project Diamond allows institutions to create and trade digital tokens on the Base blockchain.
-
If Coinbase becomes a key player in the emerging RWA tokenization industry, its growth prospects could significantly increase.