Coinbase Tokenized Stocks Go Live on Base With Chainlink Price Feeds

Coinbase has launched its tokenized US stocks on Base, bringing equities such as Apple, Nvidia, Meta and Alphabet onchain for eligible non-US users.

The launch also includes an integration with Chainlink Data Feeds, giving decentralized finance (DeFi) applications access to continuous pricing for the tokenized stocks.

The move connects traditional equities with onchain markets, allowing tokenized stocks to be traded around the clock and potentially used across DeFi applications.

Coinbase Tokenized Stocks Launch on Base

Coinbase’s tokenized stocks are issued as B20 tokens directly on Base, the exchange’s Layer-2 blockchain.

The initial offering includes tokenized versions of major US companies such as Nvidia, Apple, Meta and Alphabet. The assets are available to eligible non-US users in supported jurisdictions.

Each token represents a direct claim on an underlying share held with regulated broker and custodian Alpaca under an Abu Dhabi Global Market-supervised structure, according to Base.

Unlike traditional shares that trade during set market hours, the tokenized stocks can be held in self-custody wallets and traded around the clock.

That creates a bridge between traditional equity markets and blockchain-based financial infrastructure.

Chainlink Brings Stock Prices Into DeFi

The Coinbase tokenized stocks also integrate Chainlink Data Feeds, providing continuous price information for the assets.

This is important because DeFi applications need reliable pricing to determine the value of assets used in financial transactions.

According to Chainlink documentation, each token is valued using the underlying stock price together with a Coinbase-provided multiplier that accounts for dividends and corporate actions.

With that pricing infrastructure available, tokenized stocks can potentially be integrated into lending markets, decentralized exchanges and structured financial products.

Base specifically highlighted examples such as using tokenized Nvidia shares as collateral for loans on Aave or supplying tokenized Apple shares to decentralized exchanges.

More Coinbase tokenized stocks are expected to launch on Base in the coming weeks.

Tokenized Stocks Push Further Into DeFi

The expansion of tokenized equities is also gaining traction across other blockchain ecosystems, including Sei, where tokenized US stocks are expected to become available through Dinari.

According to the figures provided, the total value of tokenized stocks has reached approximately $2.48 billion, representing a 5.2% increase over the past 30 days.

Monthly transfer volume has also climbed to $27.28 billion, while the number of holders has surpassed 2.1 million.

Coinbase’s Base launch adds another major piece to that market by making traditional equities available as blockchain-native assets that can interact with existing DeFi infrastructure.

For users in eligible markets, the appeal is straightforward: tokenized stocks combine exposure to familiar companies with the flexibility of blockchain-based ownership and trading.

The bigger question is how quickly these assets can move beyond simple trading and become widely used as collateral, liquidity and financial building blocks across DeFi.