Coinbase Brings Tokenized Stocks to DeFi with Chainlink Partnership

Coinbase has launched tokenized shares on its Base network, bringing regulated 'tokenized equity' assets into DeFi. This move went live alongside an integration from Chainlink, which will supply pricing data for decentralized applications to use the tokens in functions like lending, trading, and structured products.

The Chainlink Data Feeds provide continuous pricing for major U.S. equities, including Nvidia, Apple, Meta, and Alphabet. For DeFi platforms, reliable price inputs are crucial, without them, mechanisms like collateral valuation or automated market-making can become unstable or overly manual.

Each B20 token on Base represents a direct claim on an underlying share held through a regulated broker-and-custodian setup supervised under Abu Dhabi Global Market. The assets can be used across DeFi infrastructure, including collateral on lending platforms and assets for decentralized exchanges.