Coinbase Unveils Bold Tokenization Plan: Coin Stock Soars 15%, Targets $350 Again
Coinbase shares soared after the crypto exchange revealed plans to expand into tokenized equity markets, marking a bold move toward bridging
Quick overview
- Coinbase shares surged 11% after announcing plans to offer tokenized equities and bonds, signaling a significant move towards integrating traditional finance with blockchain technology.
- The stock rebounded from a low of $143 in April 2025, climbing to $176 by the end of May, reflecting renewed investor confidence.
- If approved by the SEC, Coinbase's initiative could revolutionize capital markets by enabling 24/7 trading and reducing reliance on intermediaries.
- Analysts are optimistic about a potential retest of Coinbase's all-time high of $350, driven by enthusiasm for tokenized finance and regulatory advancements.
Coinbase shares soared after the crypto exchange revealed plans to expand into tokenized equity markets, marking a bold move toward bridging traditional finance and blockchain innovation.
Strong Rebound from April Lows
After an explosive 1,000% rally from $32 to $350 between 2023 and 2024, Coinbase (NASDAQ: COIN) saw a significant correction late last year. The decline persisted into early April 2025, bottoming out at around $143—just above the 200-week simple moving average (SMA) in purple, which acted as critical technical support.
That support level proved reliable. Following the bounce in April, Coinbase stock began a steady climb, reaching $176 by the end of May. The upward momentum reflected renewed confidence in both the company’s fundamentals and broader digital asset market sentiment.
COIN Jumps 11% on Tokenized Stock Initiative
That recovery gained fresh fuel this week when Coinbase announced it had filed with the U.S. Securities and Exchange Commission (SEC) for approval to offer tokenized equities and bonds. Following the news, COIN shares surged over $30 in a single day—an 11% gain—pushing the price above its previous May high and potentially setting the stage for a run back toward 2024’s $350 peak.
Coin Stock Chart – The Uptrend Has Resumed
If the SEC gives the green light, Coinbase will be able to tokenize traditional financial assets and offer them on blockchain rails. The initiative would mark a major evolution in how investors access capital markets, allowing for 24/7 trading, reduced settlement times, and decreased reliance on intermediaries.
A Strategic Play to Disrupt Legacy Finance
By tokenizing stocks and bonds, Coinbase is effectively aiming to become a hybrid between a crypto exchange and a next-gen brokerage. This strategy could challenge traditional players like Charles Schwab or Robinhood by leveraging blockchain’s key advantages—namely transparency, speed, and automation.
These digital tokens will represent ownership of real-world equities, akin to crypto assets but backed by tangible financial securities. This could open a pathway for international investors, DeFi protocols, and fintech platforms to gain seamless, global access to U.S. financial markets.
Looking Ahead: $350 Re-Test?
With COIN now breaking above short-term resistance and on bullish technical footing, analysts will be watching for a potential retest of its $350 all-time high. Continued optimism around tokenized finance, coupled with possible regulatory progress, may provide further upside.
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