Aave Brings Tokenized Stocks Onchain with Coinbase Partnership
Aave V4 on Base has made a significant move in the crypto sector by integrating Coinbase tokenized stocks. This expansion aims to bring the $200 trillion global equities market onchain, according to Stani Kulechov, founder and CEO of Avara.
Kulechov announced that users can now borrow USDC against these tokenized stocks using the platform. This development is seen as a major step forward in bringing traditional finance onto blockchain technology.