US equity exposure can now participate in DeFi on-chain, Coinbase natively launches tokenized stocks on Base

Odaily Planet Daily News: Coinbase announced that its tokenized stocks have been natively launched on the Base chain, built on the B20 standard, with the underlying stocks actually held on a 1:1 basis by regulated custodian Alpaca through a bankruptcy-remote structure. Token holders directly own the corresponding stock ownership. Non-US users in globally compliant jurisdictions only need a wallet and an internet connection to gain US equity exposure without a brokerage account or waiting for settlement, and can trade in a 7×24 AMM pool. The first batch supports companies such as Apple and Nvidia. Tokenized stocks can be freely held, transferred, and traded, with no whitelisted wallets or platform lock-ups. Users can use tokenized Nvidia stock as collateral to borrow on Aave, or deposit Apple stock into a decentralized exchange to earn yield. Dividends and stock splits are handled through an on-chain multiplier mechanism. Ecosystem projects such as Aerodrome and Aave have publicly supported the B20 standard. Coinbase stated that more tokenized stocks will be listed in the coming weeks, and it will continue to bring other real-world assets on-chain.