Aave Unveils Equities Hub for Borrowing USDC Against Tokenized Stocks

Aave's V4 deployment on Base has launched an Equities Hub that lets eligible users post seven Coinbase tokenized technology stocks as collateral to borrow USDC.

The market, which is available only in eligible jurisdictions outside the United States, supports tokenized versions of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla shares. The dedicated Aave market lists these tokens as AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc.

The Equities Hub has a narrow design, with USDC being the sole asset borrowers can draw, and the equity tokens can only be posted as collateral. The protocol's treatment of the tokens is that users are supplying certificates representing the listed equities, not depositing conventional onchain versions of a company's stock issued by Aave.

The availability restriction means the Equities Hub is not an access route for US users, even though it is deployed on Base. The seven-name initial list is concentrated in large US technology and consumer-internet companies.