Coinbase Brings Major US Stocks Onchain for Non-US Investors

Crypto exchange Coinbase has launched tokenized U.S. stocks on its Base platform for eligible non-U.S. users. The move allows international investors to access major tokenized shares in several top U.S. companies, including Apple Inc., Nvidia Corp., Meta Platforms Inc., and Alphabet Inc.

The tokenized stocks are backed 1:1 by underlying shares held through a regulated custodian in a bankruptcy-remote structure. Each B20 token represents a claim on a share held in custody, supporting continuous trading and decentralized finance applications.

Chainlink supplies market data to support trading, lending, and collateral pricing, ensuring reliable pricing can be used across various applications operating continuously.