Coinbase Partners with Chainlink for Tokenized Stock Trading

Coinbase has chosen Chainlink to bring tokenized stocks to DeFi users.

This integration will enable users to trade and hold fractional shares of publicly listed companies, such as XYZ firm. The backtested results show that this strategy could potentially outperform the market, with a Smart Score performance that is based on historical data and not representative of actual results.

The backtesting methodology used by TipRanks assumes that investors would have been able to purchase the recommended securities and that markets were sufficiently liquid. However, it's essential to note that actual performance may differ significantly from backtested results due to various market factors.