According to Bloomberg, Coinbase is expected to announce the launch of new features—including proprietary tokenized U.S. equities—at its December 17 event. Screenshots of the upcoming application have been circulating on X for weeks, though the company has not formally disclosed the product. A spokesperson declined to comment on details, saying more information will be revealed during the livestream. https://t.co/1KetYJ4oWT ...

Core Insights - Bitget has launched the Universal Exchange (UEX), aiming to unify cryptocurrency, tokenized assets, and traditional finance into a single trading platform [2][3][6] - The UEX addresses the fragmentation in the cryptocurrency industry, which has historically struggled to provide a comprehensive trading solution [1][3] Company Overview - Bitget is positioned as the largest Universal Exchange globally, surpassing competitors like Binance and eToro [3] - The CEO, Gracy Chen, emphasizes that UEX is the result of seven years of infrastructure development [3] Product Features - UEX offers direct access to over 100 tokenized U.S. equities and ETFs, including major companies like Apple and Tesla, with 24/7 trading and no gas fees [4][5] - The platform also includes tokenized ETFs and gold, expanding into real-world asset (RWA) tokenization [5][6] - Each stock token on Bitget is backed 1:1 and held in regulated custody, ensuring transparency and compliance [7] Technological Innovations - UEX incorporates AI-driven tools to simplify the trading experience and enhance user engagement [4][6] - A hybrid security model is implemented, featuring proof of reserves and on-chain checks to bolster user confidence [4][6] Regulatory Considerations - The regulatory landscape for tokenizing traditional assets is complex, but Bitget is focused on long-term compliance and transparency [7]