Coinbase Integrates Chainlink for Tokenized Stocks on Base

Coinbase has partnered with Chainlink to bring tokenized stocks to its Base platform. The integration will provide decentralized finance (DeFi) projects on Base with real-time market data for assets such as NVDAc, METAc, AAPLc, and GOOGLc.

This means that lending platforms, decentralized exchanges, and other DeFi protocols can now use tokenized stocks in their products. Tokenized stocks are issued as B20 tokens on Base and represent real equity securities. Each token is backed 1:1 by an underlying share held in regulated custody with Alpaca under the Abu Dhabi Global Market framework.