Crypto
Aave Equities Hub Launches with Tokenized Stocks from Top Tech Giants
Aave's Equities Hub has gone live on Base, allowing users to deposit and borrow against tokenized stocks from major U.S. tech companies.
The hub features seven tokenized stocks: AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc, which can be used as collateral for USDC loans.
Aave's V4 market on Base operates 24/7, with Chainlink providing pricing data for the tokenized equities. The Equities Hub is built to allow users to maintain their liquidity in USDC while retaining their tokenized equity holdings without needing to liquidate them.
The launch of the Equities Hub comes after Aave expanded its V4 lending market on Base, and the price of AAVE has surged over 7% following the announcement, trading at $146.65 as of press time.