Chainlink Brings Tokenized Stocks to DeFi Lending

Chainlink has introduced price feeds for four Coinbase tokenized stocks on Base, enabling DeFi protocols to assess NVDAc, METAc, AAPLc, and GOOGLc as collateral. These feeds provide continuous valuations for the stocks, allowing lending protocols to manage borrowing limits, loan health, and liquidations.

Each B20 token represents an interest in a U.S.-listed share held through a regulated custody structure. Coinbase restricts these products to eligible non-U.S. investors under its current offering terms.

The Chainlink feeds support tokenized stock collateral by combining the underlying stock's market price with a multiplier taken from Coinbase's on-chain oracle registry. This allows for accurate valuation, taking into account corporate events such as dividend reinvestment.