Coinbase Teams Up with Chainlink for Tokenized Stocks

Crypto exchange Coinbase has partnered with Chainlink to provide price infrastructure for its tokenized stocks. This move will enable shares of companies like Apple and NVIDIA to be traded on decentralized lending and trading marketplaces.

The agreement is significant for crypto users outside the US, as it allows them to access blockchain-based versions of US equities. The Market Cap of all currencies has reached $2.78T with a 24h Spot Volume of $52.09B, indicating growing interest in cryptocurrency.

Chainlink's price feeds will provide accurate and reliable pricing for these tokenized stocks, increasing the demand for Chainlink services and broader crypto adoption.