Aave Integrates Tokenized Stocks into DeFi via New Equities Hub

Aave V4 has launched an Equities Hub on Base that allows eligible non-U.S. users to deposit tokenized U.S. stocks as collateral and borrow USDC against them.

The hub currently supports seven stocks: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. These tokens are issued by Coinbase Onchain SPV Ltd. and represent a certificate linked to underlying shares held at Alpaca Securities in segregated custody.

Chainlink provides the pricing data used to value the collateral, which is only available for USDC loans at launch.

This marks an early attempt to integrate traditional portfolios with decentralized finance (DeFi) by allowing investors to use tokenized equities as collateral.