Coinbase Brings Major US Stocks Onchain with Tokenized Securities Launch

Coinbase has launched tokenized stocks for eligible non-US users, giving them onchain access to shares in major US companies. The launch includes fractional shares tied to Apple Inc., Nvidia Corp., Meta Platforms Inc., and Alphabet Inc.

The tokens are backed 1:1 by underlying shares held through a regulated custodian in a bankruptcy-remote structure. Coinbase had previously outlined plans for tokenized stocks with automatic dividends and no synthetic exposure in June.

Coinbase selected Chainlink as its official oracle infrastructure for the products, which allows decentralized exchanges to evaluate the tokenized securities outside traditional market hours.