Coinbase execs explain why the soon-to-be-public crypto exchange opted against a security token

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Coinbase’s top brass detailed how the crypto exchange unicorn weighed a possible security token on its path to going public — but ultimately set the idea aside given technological and regulatory constraints.
The crypto exchange hosted a Reddit ask-me-anything session last week, a move that came as it prepares to go public by way of a direct listing. That listing is expected to take place as soon as early next month.
Coinbase was asked whether it has plans to provide special share access to Coinbase customers, airdrop shares or provide direct access to share purchases via its platform.
In response, CFO Alesia Haas wrote that „[t]here’s no opportunity to invest in the company at this time, prior to that direct listing.” 
Far more intriguing in the answer was an extended disclosure of Coinbase’s exploration of a security token. Security tokens are digital representations of stocks and other types of securities. They’ve been advanced as a blockchain use case in the finance space by c

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Źródło: https://www.theblockcrypto.com/linked/99165/coinbase-security-token-reddit-ama?utm_source=rss&utm_medium=rss

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