Coinbase 考慮在第 2 層基礎網路上託管代幣化 COIN 股票

Coinbase 正在探索在 Base 網路上引入代幣化 COIN 股票的可能性，旨在簡化在美國對數位資產的訪問，但仍存在重大的監管挑戰。

Coinbase is exploring the possibility of introducing tokenized COIN shares on the Base network, aiming to simplify access to digital assets in the United States, but significant regulatory challenges remain.

Coinbase 正在探索在 Base 網路上引入代幣化 COIN 股票的可能性，旨在簡化在美國對數位資產的訪問，但仍存在重大的監管挑戰。

Let’s see all the details in this article.

讓我們看看本文中的所有詳細資訊。

Coinbase might host COIN shares on its own layer-2 Base for American investors

Coinbase 可能會在自己的 Layer-2 Base 上為美國投資者託管 COIN 股票

Coinbase, one of the world leaders in the cryptocurrency sector, is considering an initiative that could mark a turning point in the market of tokenized assets. Namely, offering tokenized versions of its shares, COIN, to U.S. users.

Coinbase 是加密貨幣領域的全球領導者之一，它正在考慮一項可能標誌著代幣化資產市場轉折點的舉措。即，向美國用戶提供其股票的代幣化版本 COIN。

The platform designated for this innovation would be Base, the layer-2 network of Coinbase built on Ethereum. This move, currently in the exploratory phase, was announced on January 3 by Jesse Pollak, developer of Base, through a post on platform X.

指定用於此創新的平台是 Base，它是建立在以太坊上的 Coinbase 的第 2 層網路。這項舉措目前正處於探索階段，由 Base 開發者 Jesse Pollak 於 1 月 3 日透過平台 X 上的貼文宣布。

Tokenized COIN shares are not new for international users, who can access them through platforms like Backed. However, extending this service to the United States requires a targeted approach that complies with local laws.

代幣化的 COIN 股票對於國際用戶來說並不新鮮，他們可以透過 Backed 等平台存取它們。然而，將這項服務擴展到美國需要採取符合當地法律的有針對性的方法。

Pollak emphasized that there are still no definitive plans, but Coinbase’s goal is to align with a vision in which “every asset in the world will be on Base”.

Pollak 強調，目前還沒有明確的計劃，但 Coinbase 的目標是與「世界上的所有資產都將在 Base 上」的願景保持一致。

The global market of tokenized assets, estimated at 30 trillion dollars, represents an unprecedented opportunity for companies operating at the intersection between traditional finance and blockchain.

全球代幣化資產市場估計達 30 兆美元，對於在傳統金融和區塊鏈交叉領域運營的公司來說，這是一個前所未有的機會。

Colin Butler, of Polygon, highlighted how tokenized assets are increasingly seen as a bridge between these two worlds.

Polygon 的 Colin Butler 強調了代幣化資產如何越來越多地被視為這兩個世界之間的橋樑。

Regulatory challenges

監管挑戰

Despite the potential, the regulatory landscape in the United States remains uncertain. Pollak reiterated the importance of obtaining greater clarity from the authorities to ensure that assets like COIN can be brought onto Base in a safe and compliant manner.

儘管潛力巨大，但美國的監管環境仍然不確定。 Pollak 重申了獲得當局進一步澄清的重要性，以確保 COIN 等資產能夠以安全、合規的方式進入 Base。

This is a crucial aspect, given that many other global jurisdictions are advancing more rapidly in terms of regulation.

鑑於許多其他全球司法管轄區在監管方面的進展更加迅速，這是至關重要的方面。

The necessity of a clearer legislative framework has also been highlighted in a recent research note by Citi. Although some progress has been made, the United States lags behind other nations, hindering the large-scale adoption of tokenized assets.

花旗最近的一份研究報告也強調了建立更清晰立法框架的必要性。儘管取得了一些進展，但美國仍落後於其他國家，阻礙了代幣化資產的大規模採用。

According to Citigroup, the tokenization market could reach 16 trillion dollars by 2030, with more conservative estimates suggesting a figure between 4 and 5 trillion dollars.

據花旗集團稱，到 2030 年，代幣化市場可能達到 16 兆美元，更保守的估計數字在 4 到 5 兆美元之間。

Recognizing this potential, companies from various sectors are investing significant resources in the tokenization of real assets.

認識到這一潛力，各行業的公司正在投入大量資源進行實體資產的代幣化。

An example of success is represented by protocols like Propy, specialized in real estate tokenization, and platforms like Toucan and KlimaDAO, which operate in the digital carbon market.

成功的例子是 Propy 等專門從事房地產代幣化的協議，以及在數位碳市場運營的 Toucan 和 KlimaDAO 等平台。

These projects demonstrate how public and private blockchains are progressively including a variety of assets, opening new possibilities for investors and companies.

這些項目展示了公共和私人區塊鏈如何逐步包含各種資產，為投資者和公司開闢新的可能性。

Coinbase and the future of RWA

Coinbase 和 RWA 的未來

COIN shares have recently experienced a remarkable growth, surpassing 300 dollars for the first time since 2021.

COIN 股價近期經歷了顯著成長，自 2021 年以來首次突破 300 美元。

All this is also thanks to a more favorable market perception towards the Trump administration, which could ease regulatory pressures on the crypto sector.

這一切也得益於市場對川普政府更有利的看法，這可能會緩解加密產業的監管壓力。

With this initiative, Coinbase not only aims to strengthen its position in the market of tokenized assets, but also contributes to defining a future where blockchain becomes an open platform for every type of investment.

透過這項舉措，Coinbase 不僅旨在加強其在代幣化資產市場的地位，也有助於定義區塊鏈成為各類投資的開放平台的未來。

However, the success of this strategy will largely depend on the ability of the United States to create a more favorable regulatory environment.

然而，這項策略的成功將在很大程度上取決於美國是否有能力創造更有利的監管環境。

In summary, although the Coinbase project is still in its early stages, its potential to revolutionize the market of tokenized assets in the United States is undeniable.

綜上所述，儘管Coinbase專案仍處於早期階段，但其徹底改變美國代幣化資產市場的潛力是不可否認的。

Future developments will be determined by a combination of technological innovation and regulatory advances, making this initiative one of the most anticipated in the blockchain sector.

未來的發展將取決於技術創新和監管進步的結合，使這項舉措成為區塊鏈領域最受期待的舉措之一。