Aave Lets Users Borrow Against Tokenized Stocks

Aave has launched a new market called Equities Hub on the Base network, allowing eligible users to borrow against tokenized U.S. stocks as collateral for USDC loans.

The service is available only to eligible users outside the U.S. in permitted regions and uses tokenized stock products issued by Coinbase, not shares held in traditional brokerage accounts.

The market currently supports seven tokens tracking shares of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla.