Coinbase launches native tokenized stocks on Base (NVDA, AAPL, META, GOOGL) backed 1:1 by regulated custody, with $4.5M minted and $10.8M in 24H volume, enabling integration across DeFi lending, DEX, and AI agent ecosystems.
DeFi & Yields ·
Coinbase has launched native tokenized stocks on Base, beginning with NVDA, AAPL, META, and GOOGL as B20 tokens backed 1:1 by regulated custody of underlying shares. On day one, the launch saw roughly $4.5M minted, approximately $3M in DEX liquidity, and approximately $10.8M in 24-hour trading volume.
The tokenized stocks are designed to integrate across multiple layers of the onchain financial ecosystem. AerodromeFi is providing liquidity support, while lending protocols including Aave, Morpho, and Euler are positioning these assets as potential collateral for credit markets. Aggregators such as 0xProject, 1inch, CoWSwap, and LI.FI connect execution across venues, Chainlink supplies pricing infrastructure, and wallet providers including Base App, OKX Wallet, and Bitget Wallet handle distribution. Early exploration of these tokenized assets is also underway in AI agent trading through projects focused on onchain automation.
What remains unclear is whether liquidity depth will sustain as the initial trading activity settles, how quickly additional stocks will be added to the roster, and whether the credit and lending integrations will achieve meaningful adoption in practice. The longer-term narrative hinges on whether the ecosystem can mature beyond simple price tracking into a genuinely functional financial layer for onchain equities.