According to CoinMeta, Coinbase CEO Brian Armstrong posted on the X platform that the tokenization of Coinbase stocks has established industry standards. It does not use synthetic assets or debt instruments but is fully backed by real securities and can be exchanged for the underlying stocks as stipulated. Additionally, a dividend function has been integrated, and voting rights will also be introduced soon. He stated that this will provide a foundation for global investors and institutions to participate in the US stock market, which is worth over $70 trillion in size.