Base Blockchain Launches Tokenized US Stocks, Enabling Global Trading and Financing

Coinbase's Base blockchain has launched tokenized US stocks, allowing users to trade and hold real, one-to-one representations of companies like NVIDIA, Apple, and Meta without a brokerage account or KYC requirements.

The tokens are backed by Alpaca and built under the Abu Dhabi ADGM framework, making them permissionless on-chain while keeping Coinbase compliant in the US.

Base lead Jesse Pollak sees this as the missing piece that turns Base into an 'everything exchange' for trading, financing, and payments on a single global stack.