Aave Enables Borrowing Against Tokenized Stocks on its Equities Hub

Aave has launched an Equities Hub on Base that lets users post Coinbase-issued tokenized U.S. equities as collateral and borrow USDC against them.

The hub currently supports seven stocks: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla.

Each asset is issued by Coinbase Onchain SPV Ltd. and represents a certificate linked to underlying shares held at Alpaca Securities in segregated custody.

Chainlink provides the pricing data used to value the collateral, with tokenized-equity feeds operating around the extended U.S. equity-market week rather than continuously updating through weekends.