Coinbase Brings Tokenized Stocks to Base Network for Non-US Investors

Tokenized shares of Apple (AAPL), Nvidia (NVDA), Meta (META), and Alphabet (GOOGL) are now available on Coinbase's Base network for non-US investors.

The four products, AAPLc, NVDAc, METAc, and GOOGLc, are structured as B20 tokens backed 1:1 by shares held in segregated custody through Alpaca Securities, an SEC-registered broker-dealer.

These tokenized stocks can be traded 24/7 on decentralized exchanges like Aerodrome, with lending services provided by Aave, Morpho, and Euler. Chainlink provides the crucial price data for these applications.