Coinbase launches tokenized stock offerings on Base for non-US users, with 1:1 backing by real shares, enabling 24/7 trading and DeFi composability via Chainlink oracles.
DeFi & Yields ·
Coinbase has launched tokenized stock offerings on Base, enabling eligible non-US users to hold tokenized versions of Apple, Nvidia, Meta, and Alphabet. Each token is backed 1:1 by real shares and can be stored in self-custody wallets with 24/7 trading capability, eliminating the need for a traditional brokerage account.
Beyond trading, these tokenized stocks integrate with Base's ecosystem and Chainlink oracles to function as collateral and participate in lending protocols, decentralized exchanges, and other DeFi applications. This integration substantially expands the utility of traditional assets on blockchain infrastructure.
The rollout represents a significant milestone for the real-world assets trend, narrowing the gap between traditional finance and decentralized finance infrastructure. Specifics on which non-US jurisdictions are eligible, the full product roadmap, and any regulatory framework governing these offerings remain unclear.