Coinbase Taps Chainlink to Fuel Tokenized US Stocks Ambitions

Coinbase has announced its collaboration with Chainlink to support tokenized US stocks on its Base platform. This partnership leverages Chainlink's existing infrastructure for tokenized equity feeds, which are already in use on Base.

The integration is part of a broader trend of Coinbase and Chainlink working together, including previous initiatives like Project Diamond and DataLink. These efforts demonstrate Coinbase's commitment to developing its tokenized asset ecosystem with robust oracle and interoperability infrastructure.

The market appears to be interpreting this development as a positive indicator for the potential of a Base token launch by the end of 2026. Recent price movements suggest increased confidence, with a 4-point increase in market pricing for a December 2026 token launch. Currently, the probability of a token launch by this date is priced at 12%, up from 9% a day ago and 7% a week prior.